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30 Apr
08:52

LKAB remains '... cautiously optimistic" for 2017

Swedish iron ore miner LKAB says that 2017 has begun positively for the company with increased production and operating profit for the first quarter. Cost efficiency programmes implemented in recent years have strengthened LKAB’s competitiveness, while at the same time iron ore prices have risen, the company says in its Q1 2017 interim report sent to Kallanish. LKAB expects the market situation to remain largely unchanged however, which puts pressure on ir…
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