Luossavaara-Kiirunavaara Aktiebolag (LKAB) Has a Virtual Monopoly over the Swedish Iron Ore Mining Industry

Date: 2015-09-01

“• Luossavaara-Kiirunavaara Aktiebolag (LKAB) has a virtual monopoly over the Swedish iron ore mining industry with around 95% of total production.

• LKAB’s Kiruna mine in Norrbotten is the largest underground iron ore mine in the world, while other operating mines include the Malmberget and Svappavaara area mines, also in Norrbotten. 

• Sweden exported around 86% of the iron ore it produced in 2014 with Germany the most important market, accounting for 25.7% of Sweden’s total iron ore exports. 

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