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July 05, 2015 8:24 PM ET

Metals and Mining

Company Overview of Luossavaara-Kiirunavaara AB

Company Overview

Luossavaara-Kiirunavaara AB (publ) manufactures and delivers upgraded iron ore products and services for steelmaking in the European Union, the Middle East, North Africa, China, and the United States. It offers blast furnace and direct reduction pellets; sinter fines; and mineral products, such as magnetite, mica, and huntite. The company also provides water-powered drilling rigs and other drilling systems for use in service and hole backfilling, predrilling for injection in dams, micropiling, and geothermal energy layer drilling. In addition, it is involved in steel analysis studies, including metallographic studies, steel analysis and consultation concerning ladle metallurgy, continuous ca...

Box 952

Lulea,  971 28

Sweden

Founded in 1890

4,330 Employees

Phone:

46 7 71 76 00 00

Fax:

46 7 71 76 00 01

Key Executives for Luossavaara-Kiirunavaara AB

Group Chief Executive Officer and President
Age: 59
Chief Financial Officer, Senior Vice President of Treasury, Group Chief Executive Officer of Lkab Minerals Ab and President of Lkab Minerals Ab
Age: 56
Chief Executive Officer of Lkab Trading (Shanghai) Co., Ltd. and President of Lkab Trading (Shanghai) Co., Ltd.
Senior Vice President of Production & Logistics and President of Ikab Malmtrafik Ab
Age: 56
President of LKAB SA and President of LKAB SCHWEDENERZ GmbH
Compensation as of Fiscal Year 2015.

Luossavaara-Kiirunavaara AB Key Developments

LKAB Announces Management Changes

LKAB's board of directors has decided to appoint Jan Moström as the new President and CEO of LKAB. Jan Moström's most recent role was Director of Mining Operations for Boliden as well as having extensive experience from senior positions in the mining industry. In connection with Jan Moström's new appointment, current President and CEO Lars-Eric Aaro will be leaving his position at LKAB. Lars-Eric Aaro will be continuing until the new CEO takes office. Jan Moström will begin at LKAB as CEO on September 15, 2015.

LKAB Appoints Jan Moström as New President and CEO

Jan Moström, president of Boliden's Business Area Mines, is leaving the company to become the new president and CEO of LKAB. Jan Moström will be leaving Boliden in mid-September 2015 and the process of recruiting his successor has begun.

LKAB Reelects Deloitte AB as Auditor

LKAB’s Annual General Meeting took place on 28 April 2015. The AGM re-elected Deloitte AB as auditor. Deloitte AB re-appointed authorised public accountant Peter Ekberg as auditor in charge.

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