LKAB in brief

Luossavaara-Kiirunavaara AB (LKAB) is an international high-tech minerals group, one of the world’s leading producers of upgraded iron ore products for the steel industry and a growing supplier of industrial minerals products to other sectors.

   Most of the iron ore products are sold to European steelworks. Other important markets are North Africa, the Middle East and Southeast Asia. Industrial minerals are sold mainly in Europe but also to growing markets in Asia and the USA.

   LKAB has around 3,700 employees, of which 600 outside Sweden.

  

Mission

LKAB’s mission is, based on the Swedish Orefields, to manufacture and deliver to the world market upgraded iron ore products and services that create added value for its customers.

   Other closely related products and services that are based on LKAB’s know-how and support the main business can also be included in the company’s operations.

Vision

LKAB will be perceived by the customers as the supplier that provides the most added value and is thereby the leader in its selected market segments

Owner

LKAB is wholly owned by the Swedish state and a public limited company.

Management

Chairman of the Board, Björn Sprängare

President and CEO, Lars-Eric Aaro

Divisions

The Sales & Marketing Division develops and markets iron ore products to the steel industry.

The Mining Division mines iron ore and processes and transports iron ore products.

The Minerals Division markets industrial mineral products.

The Special Businesses Division supports Group companies with services and technical development.