Topic: LKAB

Half yearly report LKAB profits nearly halved due to continuous problems on Iron Ore Line

Sweden’s mining giant LKAB recorded a significant decline in its half yearly profits. The financial downturn is a result of persistent problems on the crucial…
critical infrastructure Sweden: 40% of Iron Ore Line obsolete, upgrade pressure keeps adding up

Sweden’s Iron Ore Line, also known as Malmbanan, has been plagued by frequent train derailments and closures heavily affecting the line’s industrial users, such as…
Infrastructure expansion Sweden upgrades east coast Ostkustbanan between Stockholm and Uppsala

Connecting Sweden’s capital city Stockholm and fourth-largest city Uppsala, the Ostkustbanan is at its capacity limits. The route, otherwise known as East Coast Railway, is…
iron ore line Boden Industrial Park to get connected to Malmbanan despite already scarce capacity

The Boden Industrial Park (BIP), not far from the Swedish border with Finland, will get a rail link to the Malmbanan, Sweden’s busiest rail freight…
Third derailment in six months Yet another derailment on the Iron Ore Line

For the third time in approximately half a year, a train has derailed on the Swedish Malmbanan, or Iron Ore Line. The incident likely took…
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.…
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,…
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…
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,…
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…
Iron Ore Line reopens ahead of schedule, but concerns remain

Reaching the Norwegian port of Narvik via the Iron Ore Line had been impossible for the majority of the past 81 days due to two…
Iron Ore Line to fully reopen this week after derailment

Traffic along the Iron Ore Line should fully restart on Thursday, 7 March, after a train derailed near Vassijaure, not far from the Sweden-Norway border,…

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