LKAB is embarking on the greatest transition in the company's 130-year history and what is perhaps the biggest-ever investment in Swedish industry. And sights are set high. By setting a new world standard for sustainable mining, producing carbon-dioxide-free sponge iron and broadening the business with extraction of critical minerals, LKAB aims to make its products and processes CO2-free by 2045.
"Step by step, we are moving towards a circular carbon-dioxide-free operation. Fundamentally, it is a matter of transforming a thousand-year-old technology. An undertaking on this scale really demands an effort on the part of all of society. Partnership and collaboration are fundamental for achieving this. It is pleasing to note that many people want to join us on the journey towards the 'New Iron Age', which gives us a very good reason to believe in it," concludes Roger Karlsson.
