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16 Aug
14:52

LKAB earnings soar, foresees maintenance disruption

Iron ore pellet demand remains strong but prices have fallen from their July peaks, says LKAB. Production and costs will be impacted in the second half-year by additional maintenance, carried over from spring when work was reduced due to prevent Covid-19 spread, Kallanish notes. Kiruna mine crushed ore production remains impacted following last year’s seismic event. At present production is at around 90% of capacity. The supply of crushed ore to the processi…
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