Latest LKAB News & Updates

See the latest news and media coverage for LKAB. We track all announcements, press releases, and industry mentions in real time, all in one place.

LKAB

International mining and minerals group

lkab.com

Headquarters: Luleå, Sweden
Founded year: 1890
Company type: Public company
Number of employees: 2,500–5,000
Industry: Iron & Steel

Last updated October 28

Latest news about LKAB

In short: LKAB swung to Q3 profit on higher deliveries and lower costs, reporting a major iron ore discovery.

Company announcements

October 28 LKAB

LKAB shows improved results in the third quarter of 2026

Revenue amounted to 8,051 MSEK and operating profit was 1,595 MSEK. Delivery volume increased despite geopolitical challenges.

August 25 LKAB

LKAB founds new smelter

The new facility ensures stable production and increases volumes while enabling future manufacturing of rare earth metals.

August 13 LKAB

LKAB reports lower results in the second quarter of 2026

Currency effects and increased costs negatively affected net sales. Production volumes remained stable despite challenges in the mine and deliveries via the Strait of Hormuz.

June 29 LKAB

LKAB extinguished fire at the pellet plant KK2

No personal injuries were reported. The rescue service ended the operation at 16:45 on June 29.

Media coverage

October 28 G.M.K.

LKAB increased iron ore supplies by 9.7% y/y in 3Q2026

Swedish mining company LKAB increased its iron ore supplies by 9.7% year-on-year in the third quarter – to 6.8 million tons.

October 28 Dagens industri

LKAB increases profit in the third quarter

The state-owned mining company LKAB reports a higher profit for the third quarter despite low iron ore prices thanks to high-quality ores.

October 19 Metal Supply

LKAB warns of million shortfall - court lifts ban on ore transports

LKAB wants to transport up to 1,800 tons of ore per day by truck from Mertainen to Kiruna to counteract raw material shortages in processing plants. Now the...

October 6 Omni

LKAB's CEO: Without expansion, parts must be shut down

If state-owned mining giant LKAB cannot expand, it will be forced to scrap parts of its operations, says CEO Johan Menckel to DN.

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