growth, side by side with the customer
DESCRIPTION
Per-Erik Lindvall Senior Vice President Technology and Business Development, LKAB LKAB is a world-leading manufacturer of iron ore pellets. Our high quality, value adding products deliver unsurpassed customer benefit, thanks to "Performance in Ironmaking”.TRANSCRIPT
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LKAB is a world-leading manufacturer of iron ore pellets.
Our high quality, value adding products deliver unsurpassed
customer benefit, thanks to "Performance in Ironmaking”.
Growth, side by side with
the customer
Per-Erik Lindvall
Senior Vice President Technology and Business Development
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• 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
The LKAB Group in brief
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Iron ore operations
ARCTIC CIRCLE
NORWAYSWEDEN
FINLAND
RUSSIA
Luleå
Malmberget
SvappavaaraKiruna
Narvik
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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
World Wide
LKAB
Others
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• Pelletizing for more than 50 years
• EBF (Experimental Blast Furnace)
– Product development and process optimization
together with the customer
• EPP (Experimental Pelletizing Plant)
World Class R&D
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Climate-smart, thanks to magnetite
• Magnetite oxidizes to hematite in the
pelletizing process - 60 percent of the
energy needed for pellet production comes
from oxidation
• The input of fossil fuels is one third of that
required in the production of hematite pellets
Our competitive edge!
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LKAB Green Pellets
When LKAB Green Pellets are used in the
customer’s blast furnace, carbon dioxide
emissions are one-seventh of what they are in
the alternative process route, sintering at the
steel mills.
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• 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
How do you survive as an
underground iron ore producer?
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Development of sub level caving
1.200 tonnes of
ore per blast
10.000 tonnes
of ore per blast
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Remote Controlled Technology
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72/02
Base
station
ATM
Operator
Server (production, traffic
control, control)
Control station
Laser scanner
Navigation
Mobile terminal
Communication
Video system
Remote Controlled TechnologyLoading
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• The world needs iron ore
• Growth together with our customers
Wealth is built of steel
World production of iron ore 1904-2008 (estimate 2009 – 2015)
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Investments
2001 2006 2010 >2012
19.5 Mt 23.3 Mt 28 Mt ? Mt
Malmberget Kiruna Logistics SILA - Narvik New main levels New mines
Iron ore products produced
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NORWAY
Luleå
Malmberget
SvappavaaraKiruna
Narvik
ARCTIC CIRCLE
• Organic growth close to our
existing operations
The next step
Gruvberget25 Mt magnetite
50 Mt hematite
Mertainen150 Mt partially
magnetite
Leveäniemi100 Mt magnetite
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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.
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Thank you!