Metal ore mining in Europe
About 83 % of their iron ore goes into the processing and production of pellets. However, in 2014 and 2015, the company's operational result collapsed due to iron ore price erosion, and the company went into the red. It had to implement measures to cut costs and increase productivity. In the meantime, the situation has improved and LKAB is now seeking to expand its production capacity. LKAB ...