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Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a state-owned Swedish mining company, established in 1890. As one of the country's oldest industrial corporations, LKAB has a significant presence in the mining industry, primarily focusing on the extraction of iron ore. The company operates major mines in Kiruna and Malmberget, located in northern Sweden, where it extracts iron ore to produce pellets and fines. These products are essential for the global steel industry, with LKAB's operations extending to processing plants and ore harbors in northern Sweden and Norway, and a sales office in Germany. The company's efforts towards sustainability are noteworthy, investing significantly in decarbonization and aiming to minimize environmental impact through its focus on carbon dioxide-free sponge iron, sustainable mining, and the extraction of critical minerals. The company is headquartered in Luleå, Sweden, and its shares are not publicly listed as it is wholly owned by the Swedish government.
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Ticker symbol
LKAB
Country
🇸🇪 Sweden