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28 Nov
16:28

LKAB issues green bond to fund carbon-free transformation

LKAB has successfully issued its first, SEK 2 billion ($162 million) dual tranche green bond with a term of 5.25 years. The proceeds will be used to invest in LKAB’s transformation into a carbon-free and autonomous mining company of the future, the Swedish producer tells Kallanish. The green bond allows investors to be part of the transformation of an industry that is of great significance for the sustainable development of society, the firm continues. …
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