LKAB sponsors sport, culture and events locally, regionally, nationally and internationally if they are in line with the three main objectives of our strategy.
The sponsorship must assist in creating attractive communities for our current and future employees, and for local residents in our operational locations. It must assist in increasing knowledge of LKAB throughout Sweden, as the Swedish people ultimately own the company. It must also assist in increasing support for and engagement in the mining industry in Sweden, in order to make it easier for us and others to develop sustainable mining.
Who does LKAB sponsor?
LKAB sponsors initiatives and activities regionally, nationally and internationally if they are in line with our strategy. In Malmfälten, LKAB sponsors 60 or so associations, whose activities over a wide field, from ice hockey to swimming and art.
At a regional level, LKAB sponsors teams at the highest national elite level. Luleå Hockey's elite men's and women's teams, Luleå Basket, the women's basketball team that took gold in this year's Swedish championships, and the men's team BC Luleå that took gold in the Swedish championships last spring. The elite sponsorship also includes sponsoring skiers Charlotte Kalla and Marcus Hellner, as well as Gällivare's successful female wrestlers.
In addition, LKAB sponsors major events at operational locations such as Kiruna Festivalen and Gällivarepremiären, the Swedish cross-country skiing premiere. In the cultural field, LKAB is the main sponsor of Norrbottensteatern, which in return organises children's and youth theatre activities in Kiruna and Gällivare.
In order to attract children and young people to take up science and technology courses, LKAB participates in Stiftelsen Teknikens Hus, Sweden's northernmost science centre, in Luleå and the renewal of the mining exhibition at the National Museum of Science and Technology in Stockholm.
At national and international level, LKAB sponsors a number of conferences where the mining industry meets opinion-formers and decision-makers.
Where the money goes
Seven out of ten sponsorship krona, 70 per cent, is spent in Kiruna and Gällivare municipalities. Three out of ten sponsorship krona, 30 per cent, is spent regionally, nationally or internationally.
In addition to its sponsorship budget, LKAB has in recent years contributed to the financing of major projects, such as the Hellnerstadion stadium in Gällivare, the football centre in Kiruna and Narvik War Museum.