Train with mountains in the backgroundLKAB's plan for the future will create good and stable jobs in the towns where we operate and will turn Norrbotten into a centre for innovation and competence for a global industrial transformation. KAB's plan for the future entail extensive renovation and new construction of production facilities in Kiruna and Malmberget, as well as expansion of infrastructure deeper in the mines.
Historically, LKAB has met the challenge of moving deeper into the mines by producing more highly upgraded products. This happened when the company went from producing lump ore to fines and from fines to iron ore pellets. Now the transition from iron ore pellets to carbon-dioxide-free sponge iron is under way.
Work has already begun and will mean a hundred new jobs next year to meet the need for technological development, increased exploration and project planning. The major change will be seen after 2026, with the construction of new sponge iron plants in Kiruna and Malmberget.
Continued production and delivery via today's production systems will carry the investments that are necessary for competitive mining at deeper levels and creating a future for LKAB's operations beyond 2060.