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Luossavaara-Kiirunavaara Aktiebolag
Company type
Government-owned
Industry
Mining
Founded
1890; 134 years ago (1890)
Headquarters
Luleå
,
Sweden
Area served
Worldwide
Key people
Sten Jakobsson chairman of the board Jan Moström president CEO
Products
Iron ore Fines Pellets Minerals
Revenue
16.200 billion SEK – 2015
Operating income
7.136 billion SEK – 2015
Net income
5.686 billion SEK – 2015
Total assets
56.028 billion SEK – 2015
Total equity
32.116 billion SEK – 2015
Owner
Government of Sweden – 100%
Number of employees
4,463 – December 2015
Parent
Government Office of Sweden
Divisions
Minerals Division The Mining Division Special Business Division
Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a state-owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s. The iron ore is processed to pellets and sinter fines, which are transported by Iore trains (Malmbanan) to the harbours at Narvik and Luleå and to the steel mill at Luleå (SSAB). Their production is sold throughout much of the world, with the principal markets being European steel mills, as well as North Africa, the Middle East and Southeast Asia.[2] LKAB's mines supply at least 80% of Europe's iron ore.[3]
^"2015 Year End Report" (PDF). LKAB.com. Archived from the original (PDF) on 2016-08-15. Retrieved 2017-01-25.
^"LKAB's year-end report will be released tomorrow". LKAB. Archived from the original on 12 July 2012. Retrieved 8 July 2012.
^Cockerell, Isobel (December 7, 2023). "In the Swedish Arctic, a battle for the climate rages". Retrieved January 1, 2024.
Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a state-owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern...
LKAB Malmtrafik, earlier Malmtrafik i Kiruna AB (MTAB), is a Swedish railway company which operates the iron ore freight trains on the Iron Ore Line and...
600-tonne (8,500-long-ton; 9,500-short-ton) ore freight trains operated by LKAB's subsidiary Malmtrafik from their mines to the Port of Narvik and the Port...
its successor Bombardier Transportation for the Swedish mining company LKAB's railway division Malmtrafik. The class is a variation of Adtranz's Octeon...
Luossavaara-Kiirunavaara Aktiebolag (LKAB) was founded in 1890. In 1893, Gustaf Broms became CEO of both LKAB and AGM. LKAB pressed for continuing Malmbanan...
Ore Line from Riksgränsen to Kiruna. They were completed in 1902, allowing LKAB to haul ore from their mines in Kiruna to the ice-free Port of Narvik. Operation...
1978, that specialises in producing steel. The largest shareholders are LKAB and the Government of Finland. The headquarters are in central Stockholm...
County, Lapland, Sweden. The mine is owned by Luossavaara-Kiirunavaara AB (LKAB), a large Swedish mining company. In 2018 the mine produced 26.9 million...
commercial mining become a realistic proposition. The Swedish mining company LKAB (Luossavaara-Kiirunavaara Aktiebolag) has been mining the mountain since...
the manufacture of Bottom Dumper FAMMOORR050 for Swedish mining company LKAB which commenced in 2005. The new-generation ore wagon is built for a 30-tonne...
(Hydrauliska Industri AB), ESAB (Elektriska Svetsnings-Aktiebolaget) and LKAB (Luossavaara-Kiirunavaara Aktiebolag). The term aktiebolag is also used in...
Grängesberg–Oxelösunds Järnvägar (TGOJ) of Sweden, and the Norwegian State Railways (NSB), LKAB and Norsk Jernverk of Norway. They were built by ASEA, Nyqvist och Holm,...
railway line connects Narvik to the Swedish border. Swedish mining corporation LKAB still ships the majority of its ore from Narvik (a total 25 million tons...
for the extraction of iron ore from deep mines by Swedish mining company LKAB. Iron ore mining started in 1741 at Illuvaara mountain, later known as Gällivare...
General Magnesia Clinker Industry Group Korea General Zinc Industry Group LKAB Lonmin Lucara Diamond Lundin Mining Luzenac Group Maaden Martin Marietta...
1926) was a Swedish geologist and chemist and the first managing director of LKAB (Luossavaara-Kiirunavaara Aktiebolag) in Kiruna. He made a strong contribution...
County, Lapland. The mine which is owned by Luossavaara-Kiirunavaara AB (LKAB) has an annual production capacity of over 5 million tonnes of iron ore....
fuel, emissions can be reduced dramatically. European projects from HYBRIT, LKAB, Voestalpine, and ThyssenKrupp are pursuing strategies to reduce emissions...
now-inactive iron ore mine formerly operated by the Swedish mining company LKAB. Today it has a ski lift and slope, as well as a hiking path called Midnattsolstigen...
iron ore from the mine at Kiruna is still going on. The mine is owned by LKAB, and there is an ongoing project to open it again for production around year...
minimum time required for battery swapping is a few minutes. Rio Tinto, LKAB, Boliden, Torex Gold, Foran Mining, Rana Gruber and Byrnecut are examples...
Global Information
16.200 billion SEK – 2015
7.136 billion SEK – 2015