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].

Core Viewpoint - PPG Industries, Inc. is investing $380 million in a new aerospace coatings and sealants manufacturing facility in Shelby, NC, set to begin construction in October 2025 and expected to be completed in the first half of 2027 [1][2]. Group 1: Investment and Employment - The new facility will create over 110 jobs to meet the increasing demands of the aerospace industry by producing a full line of PPG's aerospace coatings and sealants [2]. - The facility will span 198,000 square feet and is expected to enhance supply-chain management and operational efficiency due to its proximity to transport links [2]. Group 2: Environmental Considerations - PPG is focusing on environmental implications by incorporating advanced manufacturing technologies and practices aimed at reducing environmental impact while ensuring high standards of quality and safety [3]. Group 3: Market Performance - PPG's stock has declined by 16.3% over the past year, contrasting with a 1.4% decline in the industry [4].