Category: LKAB

Sweden upgrades Iron Ore Line, possibly raises TACs for funding

Sweden’s traffic administration intends to advance several rail infrastructure projects along the country’s northern Iron Ore Line, which is crucial for mines in the area. Moreover, Sweden is considering raising track access charges to fund a partial double track between Boden and Luleå. Sweden’s northern rail infrastructure is vital for some of Europe’s largest mining…

Swedish rail investments “urgent” for industry to flourish

Investments in Swedish rail are a necessity for the country’s industry to flourish. One in four of Sweden’s industrial companies is seriously affected by disruptions, stoppages, or a lack of rail capacity. In the long term, this could hinder the sector’s competitiveness. A quarter of all industrial companies in Sweden are seriously affected by disruptions,…

Europe’s mining giant scrapes for options to secure more rail capacity

LKAB, the largest mining company in Sweden (and Europe), relies heavily on rail freight transport along the Iron Ore Line, which connects the Swedish port of Luleå to the Norwegian port of Narvik. However, the company is in dire need of additional capacity, and it is now considering the option of purchasing buses to remove…

Lack of capacity along Iron Ore Line puts hundreds of LKAB jobs at risk

LKAB, the largest iron ore producer in Europe, said that some of its facilities might close unless capacity along the Iron Ore Line, or Malmbanan, doesn’t improve significantly. “LKAB is reviewing closure in either Kiruna or Svappavaara based on what would mean the least damage to the company”, they said. Because of capacity issues, LKAB…

Sweden to upgrade Iron Ore Line after derailments and NATO accession

Sweden has decided to upgrade the Iron Ore Line, or Malmbanan in Swedish. The upgrades are necessary due to two recent derailments. Moreover, the country’s NATO accession requires the rail line to function properly at all times. The railway line in Sweden’s north is crucial for mining and military purposes. The Iron Ore Line stretches…