19
Dec
09:41
LKAB mothballs new 15m t/y iron ore mine
LKAB, the Swedish state-owned mining company, has announced its intention to keep its brand new open-pit iron ore mine located in Mertainen, Sweden, mothballed until market conditions change, Kallanish learns from the company.
The Mertainen mine was granted the permit to produce 15 million tonnes/year of iron ore back in 2014; it formed part of a big investment by the company launched in 2010 to increase overall capacity by 35% to 37 million t/y with t…
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Anonymous
Very good overview of the weekly steel market.
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