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15 Feb
15:18

LKAB returns significantly to profit in 2017

Swedish iron ore miner LKAB has reported increased volumes, improved earnings and stronger cash flow for the full year 2017 compared with the previous year. It has managed to return to a position of very healthy profit, the company reveals in a results statement sent to Kallanish. LKAB says that it expects that the oversupply situation within iron ore fines will continue, which is putting pressure on iron ore prices. At the same time however, the premium fo…
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