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13 Aug
17:04

LKAB sees pellet premiums plummet, redirects European deliveries

LKAB says there is a risk future production could be limited after Gällivare Municipality rejected its application to fence off an area in eastern Malmberget, thereby delaying the phase-out area schedule. The Swedish miner saw second-quarter iron ore deliveries more or less flat on-year at 6.6 million tonnes, of which 83% was pellet. Iron ore production fell -3% to 6mt due mainly to extended maintenance shutdowns and, to a certain extent, production disruptio…
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