LKAB
Swedish iron ore producer LKAB has started construction on a new SEK 6 billion sorting plant at its Malmberget mine in Gällivare, Sweden, which is scheduled to become operational in 2028.
Why it matters for sellers
Major CapEx = vendor procurement window
Signal details
- Reported
- August 26, 2026
- Source
- steelorbis.com
From the coverage · steelorbis.com
Swedish iron ore producer LKAB has announced that it has started laying the foundations for its new sorting plant at the Malmberget mine in Gällivare, Sweden . The new facility is intended to secure stable production, increase processing capacity and enable the handling of apatite-rich material for the company's planned production of phosphorus and rare earth elements. The new sorting plant will replace the existing facility, which has been operating since 1953 and is constrained by its age and limited space. According to LKAB , the new plant will provide a more robust production process with fewer disruptions and higher iron recovery, while also improving working conditions and operational safety.
During the sorting process, crude ore is crushed, screened and magnetically separated before being sent for beneficiation and subsequently processed into fines and pellet products. New plant to increase annual capacity by up to 8 million mt The new facility will have an annual capacity of 25 million mt of crude ore, representing an increase of approximately 7-8 million mt per year compared with the existing capacity. The plant is also being prepared to process apatite-rich tailings for the future recovery of apatite. The recovered material is intended to be used in LKAB 's planned production of phosphorus and rare earth elements in Luleå.
59 million) in the new sorting plant in September 2025. The facility is scheduled to become operational in 2028 and, with a volume of 620,000 cubic meters, will be one of the largest facilities constructed in the company's history.
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