AT A GLANCE: High iron ore deliveries, prices drive LKAB's Q2 performance

August 13, 2021 / www.metalbulletin.com / Article Link

A summary of Swedish state-owned iron-ore producer LKAB's financial results for the second quarter of 2021, ended June 30.

In brief

Iron ore output for the second quarter at LKAB was on a par with the previous year. Production was still suffering the effects of a seismic event at the Kiruna mine more than a year ago. At present, production in Kiruna is at around 90% of capacity, and recovery works continue. Maintenance shutdowns during the spring were "radically reduced in scope" to mitigate the risk of spreading Covid-19 infections. But this means that additional maintenance interventions will be carried out in the second half of the year, with an effect on...

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