future home from iron to water treatment mineral solutions modern life would be impossible without minerals . you are probably surrounded by mineral products without knowing about it . visit lkabminerals.com customer focus quality first customized climate smart iron ore products under constant development . and world class service.performance in ironmaking resource efficientlkab will be one of the leading mining companies in the world in terms of resource and climate efficient production.sustainable development performance in ironmakingour operations extend from unique raw materials in our iron ore mines to customers around the world and from world beating metallurgical research to the world s most climate smart products.our operations subsidaries lkab minerals lkab wassara lkab berg & betong lkab fastigheter lkab kimit lkab mekaniska newsmore news measures to lower costs and improve efficiency12 august 2016 lkab is continuing to focus on improving efficiency through cost control and through volume and productivity increases . stable production and improved delivery volumes resulted an operating loss of msek 277 228 for the quarter where hedging activities had the main negative impact.peter s derman new managing director for lkab wassara28 june 2016 peter s derman has been appointed managing director for lkab wassara effective from september 1st . lkab wassara is a wholly owned subsidiary to lkab that delivers the unique water powered drilling system used in lkab s underground mines and sold externally across the world . lkab announces layoffs17 june 2016 as part of the ongoing programme to cut costs lkab has notified arbetsf rmedlingen the labour market placement service that the company will reduce its workforce by 95 positions . our productsindustrial minerals and water powered drilling rigs are also important parts of lkab . products sustainabilityread our strategy for sustainabledevelopmentsustainability new minesour goal is to open more open pit mines for iron ore in the village svappavaara.open a new mine our subsidariesthe lkab group also includes subsidaries with businesses like industrial minerals drilling systems rail transport rockwork services and property management.subsidaries about us overview corporate governance financial facts short facts the history our sector our approach values policies work environment & safety quality and environment living in malmf lten careers job seekers students trainee science attractive communities faq career news future lkab s strategy r & d urban transformations products suppliers customers media contacts