LKAB

LKAB (Luossavaara-Kiirunavaara Aktiebolag) is a state-owned Swedish mining company established in 1890, primarily located in the Ore fields of northern Sweden. As one of Sweden's oldest industrial corporations, it operates under Swedish legislation and governance. The company focuses on two main business areas: Iron Ore and Special Products. In the Iron Ore division, LKAB mines and processes over 26 million tonnes of iron ore annually, which is vital for global steel production. The Special Products division offers a range of mineral-based products and services across Europe, Asia, and North America, catering to various industries including paint, cosmetics, and green technology. With a workforce of around 5,200 employees in 12 countries, LKAB is dedicated to innovation and sustainability, aiming for zero carbon dioxide emissions by 2045. The company also actively engages with the community, sponsoring Swedish cross-country skiers and maintaining its cultural heritage.