LKAB & Mining safety: Reliability for Sustainable Mining
2046. This is the year of the current life expectancy of the Kiruna iron ore reserves at level 1365, which recently increased from about 700 to more than 800 million tonnes. After significant exploration efforts, the resources have increased by 10 per cent compared to 2020. Since the start of mining operations in 1890, LKAB has mined more than 2 billion tonnes in all of its sites in Kiruna, Malmberget and Svappavaara. An absurd big number to swallow.
The iron and steel industry accounts for a quarter of the total industry's global carbon dioxide emissions. At the same time, steel demand is expected to increase by 50% by 2050. For LKAB, the challenging task is to produce iron ore responsibly and innovatively. The answer is to be sustainable in every process.