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LKAB
Sign in to saveAlso known as Luossavaara-Kiirunavaara Aktiebolag, Luossavaara-Kiirunavaara Aktiebolag (Sweden)
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
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
Research organization · ROR
- Type
- Company
- Founded
- 1890
- Location
- Luleå, Sweden
- Also known as
- LKAB
- Status
- Active
GRID grid.425364.2 · ISNI 0000 0001 0708 927X
Wikidata facts
- Official website
- www.lkab.com
Show 3 more facts
- inception
- 1890-01-01
- Commons category
- LKAB
- carbon footprint
- 27173912
Sources (7)
via Wikidata · CC0
~4 min read
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.