LKAB Strengthens Logistics in the North with a New Ship Loader in the Port of Narvik The Swedish mining company LKAB has inaugurated a new ship loader in the Port of Narvik, Northern Norway, which is of central importance for the company's exports.
Mining Company LKAB in Northern Sweden Gets Approval for Green Shift Work The Swedish National Audit Office approves the mining company LKAB's work on the green transformation of its operations. Whether the initiative is profitable is still uncertain.
Critical of the Swedish Government’s Lack of Investment in the Iron Ore Line The mayor of the Northern Swedish municipality Boden believes the Swedish Government is not taking the further construction of the Iron Ore Line seriously. Sweden recently presented several measures for improving the vital railway but is criticized for not doing enough.
Status Report on the Iron Ore Line Derailment: Could Have Been Caused by Defective Wheel According to a preliminary status report from the Swedish Accident Investigation Authority, a damaged wheel could have contributed to the train derailment on the Iron Ore Line a year ago. The fully loaded train was heading from the northern Swedish city of Kiruna to Narvik when several cars derailed near the Norwegian border.
Swedish LKAB Postpones Fossil-Free Sponge Iron Production in Arctic Kiruna The Swedish state-owned mining company LKAB has decided to slow the transition to fossil-free sponge iron production in the Northern Swedish town of Kiruna. The new plan will reduce the company's enormous electricity needs.
Lower Results for LKAB in the Third Quarter The Swedish mining company LKAB reports production challenges in this year's third quarter. High inventory levels for pellets following the Iron Ore Line derailments meant that the weak production did not limit the capacity to deliver, however.
New Major Dividend From LKAB to the Swedish State of SEK 7.6 Billion The Swedish mining company LKAB's year-end report for 2023 shows the company's profit is somewhat stable compared to 2022. However, the company specifies that developing the Iron Ore Line will be crucial for both present volumes and future production increases.
The Iron Ore Line Reopens This Week: LKAB Has Products in Stock Equivalent to 400 Ore Trains The mining company LKAB has iron ore products worth millions on hold after the derailment on the Iron Ore Line. Delivering the products in stock to customers can take several years. "We usually run 10 ore trains a day between Kiruna and Narvik, and when the traffic resumes, these will be used to transport the daily production," says LKAB's Press Manager.
New Derailment on the Iron Ore Line Between Northern Sweden and Norway An iron ore train has derailed on the Iron Ore Line between Kiruna and Narvik. There are significant damages to the tracks and the overhead line. Therefore, all traffic on the train line north of Kiruna has stopped.
Rana Gruber With Record-Strong Results in the Third Quarter The Norwegian mining company Rana Gruber increased production significantly and delivered the strongest quarter in the company's history.
Still Reduced LKAB Production Two Years After Kiruna Earthquake The LKAB mining company is done with restorations following the earthquake in Kiruna two years ago.
Rana Gruber Signs Giant Agreement Iron ore producer Rana Gruber in Northern Norway enters into a cooperation agreement with Cargill. With the current price level, the agreement is worth NOK 5 billion (appr. USD 500 million) over a period of five years.
