Growth, side by side with the customer Per-Erik Lindvall Senior Vice President Technology and Business Development
LKAB is a world-leading manufacturer of iron ore pellets. Our high quality, value adding products deliver unsurpassed customer benefit, thanks to "Performance in Ironmakingâ€?.
The LKAB Group in brief
• • • • • •
120 years 2010 4000 employees 13% women 30 companies Operations in 15 countries 650 employees outside Sweden
• Sales 2010 YTD Q3: • SEK 20,5 billion (MAUSD 3 100) • EBIT YTD Q3: • SEK 11,1 billion (MAUSD 1 700) • Forecasted production 2010: 26 Mt
Iron ore operations
Narvik Kiruna ARCTIC CIRCLE
World Wide LKAB stands for: • 90 % of the iron ore production within EU • 3 % of the global iron ore export • 40 % of the pellets market within EU Technological leadership within pelletizing LKAB
World Class R&D • Pelletizing for more than 50 years • EBF (Experimental Blast Furnace) – Product development and process optimization together with the customer
• EPP (Experimental Pelletizing Plant)
Climate-smart, thanks to magnetite â€˘ Magnetite oxidizes to hematite in the pelletizing process - 60 percent of the energy needed for pellet production comes from oxidation â€˘ The input of fossil fuels is one third of that required in the production of hematite pellets
Our competitive edge!
LKAB Green Pellets When LKAB Green Pellets are used in the customerâ€™s blast furnace, carbon dioxide emissions are one-seventh of what they are in the alternative process route, sintering at the steel mills.
How do you survive as an underground iron ore producer? •
Substantial cost reductions. – The idea is to, as much as possible, scale up our operation. • Mining method; large scale sublevel caving • Drill holes; diameter and length (Wassara Drilling Technology) • Maximize size and capacity of all under ground production equipment – Try to reduce the manpower needed as much as possible. • Go for remote controlled operations
Development of sub level caving 10.000 tonnes of ore per blast
1.200 tonnes of ore per blast
Remote Controlled Technology
Remote Controlled Technology Loading Laser scanner ATM Operator Server (production, traffic control, control) Base station
Control station Navigation Mobile terminal Communication Video system
Wealth is built of steel • The world needs iron ore • Growth together with our customers World production of iron ore 1904-2008 (estimate 2009 – 2015)
19.5 Mt 23.3 Mt Iron ore products produced
SILA - Narvik
New main levels
2010 28 Mt
>2012 ? Mt
The next step •
Organic growth close to our existing operations
25 Mt magnetite 50 Mt hematite
150 Mt partially magnetite
100 Mt magnetite
Urban transformation LKAB’s expansion in the ore fields entails a successive expansion of deformation zones, which is a result of mining. LKAB’s dialogue with stakeholders is based on the Minerals Act and LKAB’s responsibility for replacing existing functions.
Published on Nov 4, 2010
Per-Erik Lindvall Senior Vice President Technology and Business Development, LKAB LKAB is a world-leading manufacturer of iron ore pellets....