Triple A rating (AAA) is only awarded to companies showing financial ratios substantially above industry average.
The third party rating, issued by Bisnode, is based on transparent measures, providing a clear signal for prospective and current business partners about the financial status and solvency of the company they are doing business with. LKAB Minerals, being AAA rated, is recognised as a trustworthy and safe business partner.
For LKAB Minerals the long standing AAA rating for LKAB Minerals AB, the Swedish parent company of the Minerals group, means our customers and suppliers can feel at ease and that we, when needed, can issue parent company guarantees.
The parent company’s financial strength can be important especially when it comes to the ability to deliver to larger projects and to manage risk for us and our customers. This strengthens our ability to deliver minerals solutions beyond that of the product and service delivered.