LKAB plans new Skr6bn sorting facility at Malmberget mine in Sweden

Core Viewpoint - LKAB is investing Skr6 billion ($640.38 million) to build a new sorting facility at its Malmberget mine in Gällivare, Sweden, aimed at enhancing sorting processes, increasing production capacity, and minimizing environmental impact [1][3]. Investment Details - The new sorting facility will be constructed adjacent to the existing plant, covering an area of approximately 24,000 m² [3][4]. - The construction phase is scheduled to begin in 2025, with operations expected to start by 2028 [1]. Capacity and Production - The new plant is designed to handle larger volumes, allowing for the sorting of an additional seven to eight million tonnes of crude ore [3]. - This investment is crucial for ensuring long-term and profitable operations in Gällivare [3]. Environmental and Operational Improvements - The new facility aims to improve the working environment for employees and reduce environmental impact by lowering noise, dust, and carbon dioxide emissions [4]. - LKAB evaluated the option of renovating the current facility but concluded that it would not enhance capacity [4]. Partnerships - In February, Swedish construction company NCC signed a partnering agreement with LKAB for the new sorting plant [4].