In the coming years LKAB must have a solution in place to be able to mine iron ore at depths approaching or exceeding 2,000 metres in a cost-effective way by employing technology that is safe, autonomous, electrified, digitalized and carbon-dioxide-free. To enable this, collaboration with other leading industrial companies will be decisive. Sandvik's longstanding experience of producing underground vehicle systems will complement the ongoing work in an important way.
Jan Moström, President and CEO of LKAB
This investment will amount to several billion Swedish kronor and create hundreds of jobs. The industrial park will be a centre for chemical engineering where innovative technology is used to recover valuable resources. Here, we will set a global standard for clean products, energy efficiency and emissions,
Leif Boström, Senior Vice President, LKAB’s Business Area Special Products.
Together we can rebuild Sweden as the world’s first fossil-free welfare nation
Swedish Prime Minister Stefan Löfven
Achieving positive results from different heating technologies represents an important milestone on the road to delivering the world’s very first fossil-free iron ore pellets
Markus Petäjäniemi, Senior Vice President Market and Technology at LKAB
Ultimately, this will make LKAB's iron ore pellets completely carbon-dioxide-free.
Jan Moström, LKAB's President and CEO
Analyses of ongoing prospecting results indicate that the ore volumes in Kiruna at depth do not correspond to previous assumptions. LKAB is therefore now investing on a broad front to meet this challenge.
Jan Moström, LKAB's President and CEO
Now our goal is to have a full-scale plant for production of ammonium phosphate and rare earth metals within five years.
Leif Boström, Senior Vice President, Special Products Division
Jan Moström, LKAB’s President and CEO
The facilities in Mertainen will be kept in a condition such that we are able to start production at just a few months’ notice
There is only one way to go if we are to secure long-term sustainable mining operations in Malmfälten.We have to enhance productivity – in other words, produce more with fewer employees – and we have to cut costs by working smarter.
Jan Moström, President and CEO
LKAB is facing an intensely changing market which requires a somewhat different leadership competence, with increased focus on cost efficiency and productivity. LKAB's board has decided to appoint a new CEO with experience in rationalization and development of the mining industry. Jan Moström will contribute great knowledge especially in production.
Sten Jakobsson, LKAB's Chairman