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LKAB
Sign in to saveLuossavaara-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 1976. 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. LKAB's mines
Key facts
- Company.name
- Luossavaara-Kiirunavaara Aktiebolag
- Company.logo
- LKAB wordmark.svg
- Company.type
- Government-owned
- Company.location_city
- Luleå
- Company.location_country
- Sweden
- Company.area_served
- Worldwide
- Company.key_people
- Anders Borgchairman of the boardJan Moströmpresident CEO
- Company.industry
- Mining
- Company.products
- Iron oreFinesPelletsMinerals
- Company.revenue
- 42.923 billion SEK – 2023
- Company.operating_income
- 16.230 billion SEK – 2023
- Company.net_income
- 15.220 billion SEK – 2023
- Company.assets
- 106.948 billion SEK – 2023
- Company.equity
- 80.861 billion SEK – 2023
- Company.owner
- Government of Sweden – 100%
- Company.num_employees
- ~4,640 – 2023
- Company.parent
- Government Office of Sweden
- Company.divisions
- Minerals DivisionThe Mining DivisionSpecial Business Division
via Wikipedia infobox
Article
7 sectionsContents
- History
- Operations
- Timeline
- Sponsorships
- See also
- References
- External links
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 1976. 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. LKAB's mines supply at least 80% of Europe's iron ore.
==History== The company became state-owned in 1907.
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19th-century establishments in Norrbotten CountyCompanies based in Norrbotten CountyElectric power distribution network operators in SwedenGovernment-owned companies of SwedenGovernment-owned energy companiesGovernment-owned mining companiesIron ore mining companiesIronworks in SwedenKirunaMetal companies of SwedenMining companies established in the 19th century