LKAB
Swedish mining company, established 1890 / From Wikipedia, the free encyclopedia
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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 steelmill 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]
Parts of this article (those related to Infobox) need to be updated. The reason given is: stats have not been updated since January 2017; possibly not even reliable: single edit of an IP user. (December 2023) |
Quick Facts Company type, Industry ...
Company type | Government-owned |
---|---|
Industry | Mining |
Founded | 1890; 134 years ago (1890) |
Headquarters | , |
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 |
7.136 billion SEK – 2015 | |
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 |
Subsidiaries | LKAB Berg & Betong LKAB Fastigheter LKAB Kimit LKAB Malmtrafik LKAB Mekaniska LKAB Minerals LKAB Wassara LKAB Försäkring LKAB Nät LKAB Schwedenerz GmbH |
Website | LKAB.com |
Footnotes / references 2015 Year End Report[1] |
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