Our history with iron ore mining
Modern life would be impossible without minerals. Minerals are used in the production of everything from paint to cosmetics, water treatment chemicals to sound proofing foams and polymers, high-density concrete and the growth in green technology.
The origin of LKAB Minerals
Luossavaara-Kiirunavaara Aktiebolag (LKAB) was founded in 1890. The name comes from the North Sami names for two mountains known for their rich iron ore mining deposits since the 1600s. Luossavaara means the Salmon Mountain, and Kiirunavaara means the Mountain of the Snow Grouse. The black magnetite iron ore beneath these peaks is depicted in our logotype, encircled by the iron symbol, highlighting our deep roots in iron ore mining.
Beyond iron ore mining for steel making
Since the railways connected the mines with the world in the late 1800s and early 1900s, LKAB has become a world-leading producer of refined iron ore products and rare earth elements for steel making. With more than 4,000 co-workers, we produce over 26 million tonnes of iron ore products sourced from Northern Sweden’s rich deposits. But LKAB has grown beyond being only an iron ore producer.
Our strategy now paves the way for zero carbon dioxide emissions from our processes and products by 2045 and ensures long-term operations beyond 2060. This historic transformation involves comprehensive operational changes, positioning LKAB as a leader in sustainable minerals derived from iron ore mining.
Entering the industrial minerals market
Founded in 1989, LKAB Minerals began developing products and applications beyond steel production to maximise resource efficiency from mined materials. Using minerals responsibly remains as important today as it was at our inception.
Through organic growth and acquisitions, we have evolved from a single-mineral company to a multi-mineral supplier, providing raw materials to industries including agriculture, industrial coatings, construction, and more. We have deposits, processing facilities, and offices in 12 countries, employing ~450 people globally. All committed to delivering high-quality minerals. In addition to our own deposits, we source and refine minerals from strategically controlled, high-quality locations, ensuring consistency, traceability, and sustainable practices across all operations. Our extensive logistics network and dedicated technical support teams further guarantee that customers receive reliable, timely deliveries and tailored solutions to meet their specific industrial requirements.
Our unique product properties and industrial experience allow us to deliver exceptional value to customers. We supply by-products for applications such as civil engineering and water treatment and are investing in technology to extract rare earth elements and agricultural phosphates. Europe currently depends on other regions for these critical minerals, and LKAB Minerals’ expertise in iron ore mining ensures a reliable, sustainable supply for industrial and green technology applications. Our continuous research and collaboration with universities and industry partners also allow us to innovate, develop new applications, and improve performance across a wide range of sectors.
