Latest LKAB News & Updates

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LKAB

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

Last updated

Latest news about LKAB

In short: LKAB appointed Johan Menckel as CEO and reported lower 2026 Q1 earnings due to market volatility, higher energy costs, and geopolitical tensions.

Company announcements

  • LKAB

    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.

  • LKAB

    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.

  • LKAB

    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.

  • LKAB

    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.

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