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27 May
01:00

LKAB appoints new ceo to deal with "intensely changing market"

Swedish iron ore miner LKAB says that it has decided to appoint a new ceo and president to replace Lars-Eric Aaro, who will leave the company. The move is more than likely in response to the new market price reality which has hit the sector in recent months. Jan Moström, most recently head of mining at non-ferrous producer Boliden, will join the company on 15 September 2015, LKAB says.  Aaro, who has been with LKAB since 2010, will continue in his …
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