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.
International iron ore and critical minerals producer
lkab.com- Headquarters
- Luleå, Sweden
- Founded year
- 1890
- Company type
- Public company
- Number of employees
- 2,400–5,000
Latest news about LKAB
Company announcements
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LKAB builds new sorting plant in Malmberget
The plant, set for completion in 2028, replaces the 1950s facility, handles 25 million tonnes of ore yearly, and enables future mineral production. It features advanced processes and logistics.
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LKAB holds Annual General Meeting
Approves SEK 1.5 billion dividend. Re-elects Anders Borg as Chairman. Elects Jan Öhman and Stefan Öhlén as new board members.
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LKAB reports lower earnings and weaker market conditions
Net sales fell to MSEK 7,907 and operating profit to MSEK 860, with lower volumes, weaker USD, lower pellets premiums, and higher energy costs.
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Johan Menckel assumes CEO role at LKAB
He emphasizes presence, responsibility, strategic priorities in mining modernization, carbon-free production, and critical minerals extraction. He commits to engaging employees and communities amid transitions in Kiruna, Gällivare, and Luleå.
Media coverage
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Sara cannot choose her new house after LKAB's change
Sara Bäckström cannot decide on her new home when she is forced to move due to the expanding mine in Kiruna. SVT Norrbotten reports...
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Geologists uncover a colossal rare earth deposit beneath European soil that could end the continent’s dependence on China
Europe just found something massive buried under Norway, and it's making China very nervous.
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LKAB Luossavaara-Kiirunavaara AB: Interim Report January-March 2026: Lower earnings and weaker market conditions
LKAB began the first quarter of 2026 with lower earnings compared to the same period in the previous year. The lower earnings are mainly attributable...
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Hormuz crisis weighs on LKAB's result
Mining company LKAB's result in the first quarter dives compared to the same period last year. A weak dollar, rising energy prices and the stoppage in the Strait of Hormuz weigh on the state-owned mining giant...
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