DOCSLIB.ORG

LKAB 2016 Annual and Sustainability Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
LKAB 2016 Annual and Sustainability Report 2016 2016 ANNUAL AND SUSTAINABILITY REPORT ANNUAL AND SUSTAINABILITY REPORT REPORT SUSTAINABILITY AND ANNUAL LKAB IN BRIEF EUROPE EST. 1890 LKAB is the EU’s largest LKAB is one of Sweden’s oldest iron ore producer and mines industrial companies and has around 78 percent of all iron customer relationships dating ore within the EU. back more than a century. 84% LKAB is the world’s SEK BILLION second-largest2 supplier 16.3 of LKAB’s revenue comes Net sales 2016. from pellet sales. of iron ore pellets. 100% LKAB is wholly owned by the Swedish state. 4,224 Average number of employees. LKAB’s mines and processing plants are located in the Swedish orefi elds – in Kiruna, Malmberget and Svappavaara. Our upgraded iron ore products are transported along the Malmbanan and Ofotbanen ore railways to the ports of Narvik and Luleå for shipment to customers around the world. Narvik Svappavaara Kiruna Malmberget ARCTIC CIRCLE Malmbanan ore railway Luleå Cover: The Leveäniemi open-pit mine in Svappavaara. Large trucks with a total weight of 400 tonnes haul ore from the bottom of the mine to the crusher bin, a di erence in elevation of 120 metres. CONTENTS 2016 Increased demand for better The year in brief 2–3 grades of iron ore for more President’s report 4–6 competitive steel processes. 8 MARKET TRENDS AND DEVELOPMENT 8 Market trends and development, page 8 OBJECTIVES AND STRATEGY 12 Objectives for sustainable development 12–13 Commercial and sustainability strategy 14–15 LKAB aims to be one of How we create value 16–17 the most innovative, resource- PRODUCTS AND MARKETS 18 efficient and responsible mining 12 Iron ore products 19–20 companies in the world. Objectives and strategy, page 12 Special products 21 OPERATIONS AND IMPACT 22 Highly upgraded iron ore products for Exploration 24–25 the steel industry are supplemented Mining 26–29 with other industrial minerals and techno- Processing 30–33 logy developed within the company. 18 Transport 34–35 Products and markets, page 18 Suppliers 36–37 Employees 38–41 Focus on continual improvement Social responsibility 42–45 and improved efficiency Environmental responsibility 46–49 throughout the value chain. 22 RISKS AND RISK MANAGEMENT 50–54 Operations and impact, page 22 GOVERNANCE AND CONTROL 55 Corporate Governance Report 56–63 Board of Directors 64–65 Group management 66 Auditor’s statement on the Corporate Governance Report 67 ABOUT LKAB’S ANNUAL AND SUSTAINABILITY REPORT 2016 Auditor’s limited assurance report on The Board of Directors and the President hereby submit the Annual and Sustainability the Sustainability Report 68 Report for Luossavaara-Kiirunavaara AB (publ), corporate identity number 556001-5835. LKAB is a limited liability company that is wholly owned by the Swedish state. Materiality analysis 69 GRI Index 70–71 The Annual Report is integrated – meaning that our sustainability work, which forms an integral part of LKAB’s operations, is reported together with the administration report and Group overview 72–74 financial statements that make up the statutory part of the Annual Report. In accordance FINANCIAL RESULTS 75 with the state’s ownership policy and guidelines for state-owned companies, LKAB’s Sustainability Report has been prepared as per the Global Reporting Initiative (GRI) Financial statements 76–84 guidelines. Notes 85–117 The administration report comprises pages 2–3, 20–21, 38–40, 44–47, 50–54 and 72–74 Affirmation by the Board 118 of the Annual Report, while pages 76–117 contain the financial statements and associated Auditor’s report 119–121 notes. The auditor’s report on the Annual Report can be found on pages 119–121. Sustainability information covered by the auditor’s limited assurance report is identified Mineral reserves and mineral resources 122–125 by the page references in the GRI Index on pages 70–71, and the auditor’s report is on Ten year overview 126 page 68. APPENDICES 127 On pages 56–63 LKAB presents a Corporate Governance Report in accordance with the Terms and definitions 127 state’s ownership policy. In accordance with Chapter 6 Section 8 of the Swedish Annual Accounts Act, the report is a separate document to the statutory Annual Report. The audi- Annual General Meeting and financial information 128 tor’s statement on LKAB’s Corporate Governance Report can be found on page 67. Addresses lkab.com The Annual Report and the GRI appendix for 2016 are available on the website lkab.com GRI appendix lkab.com as of 31 March 2017, with a translation into English available subsequently. A printed copy of the report can also be requested by emailing [email protected]. LKAB ANNUAL AND SUSTAINABILITY REPORT 2016 CONTENTS | 1 THE YEAR IN BRIEF PROFIT/LOSS FOR THE YEAR During the year increased delivery volumes, NET SALES AND OPERATING PROFIT/LOSS improved prices and the effects of the cost-cutting MSEK programme made a positive contribution to the 30 000 improved result. Cost efficiency measures cut costs by around MSEK 700. However, impairment of 25 000 property, plant and equipment and increased 20 000 MSEK 16,343 Net sales provisions for urban transformation had a negative 15 000 impact on operating profit of MSEK 1,192 and MSEK 1,621 MSEK 2,106, respectively. In addition, the result was 10 000 Underlying operating profit also brought down by hedging transacted at the 5 000 MSEK -1,677 lower price levels that prevailed during the fourth Operating loss 0 quarter of 2015 and the first quarter of 2016, which Net sales 2016 meant that LKAB was not able to take full advantage -5 000 Net sales of the price increase in 2016. Underlying operating -10 000 Operating profit/loss profit increased to MSEK 1,621 (1,548). 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 EVENTS DURING THE YEAR The spot price of iron ore is listed at Uncertainty concerning the financing of the USD 39.25/tonne in January, close to new section of road E10 in Kiruna risks Q1 the lowest price level since spot market Q3 delaying the necessary detailed plans for trading of the commodity began in 2009. continued mining. In November, however, an agreement is reached on financing. Agreement on outsourcing of tugboat operations in Narvik brings major 300,000 tonnes of new pellet product for the savings while also improving safety European market is produced in Malmberget. and readiness. Tests are conducted in LKAB’s experimental blast furnace in October. Presentation of new compensation prin- ciples for property owners, residents Following extensive renovation, the mine hoist and businesses affected by the mining. wrecked in the Kiruna mine in 2015 is taken back into operation in July 2016. LKAB, SSAB and Vattenfall present a In its 2017 ranking Sveriges Karriärföretag joint project for carbon dioxide-free names LKAB as one of Sweden’s best places Q2 steelmaking using hydrogen as reduc- Q4 to work for the fifth consecutive year. ing agent. The structural review and staffing reductions Negotiations with the Municipality of announced by LKAB have been able to be Gällivare on levels of compensation achieved without layoffs in the Parent Company. move slowly on. The agreement in Iron ore deliveries increase by 11.5 percent in October allows continued mining in total over the year, compared with 2015. This Malmberget. is LKAB’s best delivery result since the 1970s. At the end of April the first delivery of LKAB announces that the open-pit mine in 40,000 tonnes of pellets is made from Mertainen will not be taken into operation as the new ore Quay 7 in Narvik. planned, due to the prevailing market situation. 2 | THE YEAR IN BRIEF LKAB ANNUAL AND SUSTAINABILITY REPORT 2016 PRODUCED DELIVERED SALES BY PRODUCT AREA 26.9Mt 27.0Mt Iron ore products produced by Iron ore products delivered by LKAB in 2016, compared with LKAB in 2016, compared with % 24.5 million tonnes in 2015. 24.2 million tonnes in 2015. PERCENTAGE OF SALES (MSEK) DELIVERIES % Blast furnace pellets ......... 66 The highest volume of iron ore pellets, DR pellets .............................. 24 as a share of total deliveries, that LKAB Fines ..........................................8 has delivered. 84% Special products ....................2 KEY RATIOS From and including the fourth quarter 2016, the business is being managed and followed up according to a new Group structure in which the operations are split into the Northern Division, the Southern Division and the Special Products Division. Figures for full-year 2016 and 2015 have been restated according to the new structure. PRODUCTION OF IRON ORE PRODUCTS, Mt FINANCIAL OVERVIEW, GROUP 2016 2015 2014 2013 2012 2016 2015 Northern Division1 15.2 13.8 - - - Net sales, MSEK 16,343 16,200 Southern Division1 11.7 10.7 - - - Underlying operating profit3, MSEK 1,621 1,548 Total 26.9 24.5 25.7 25.3 26.2 Operating profit/loss, MSEK -1,677 -7,156 Of which pellets 24.0 22.2 23.2 23.1 23.8 Operating margin, % neg neg Of which fines 2.9 2.3 2.5 2.2 2.4 Loss for the year -978 -5,686 Operating cash flow, MSEK -2,762 -2,370 DELIVERIES OF IRON ORE PRODUCTS, Mt Return on equity, % neg neg Net debt/equity ratio, % 20.7 10 2016 2015 2014 2013 2012 Capital expenditure on property, plant and equipment, MSEK 3,341 6,354 Northern Division1 15.5 14.2 - - - Provisions for urban transformation at end of reporting period, MSEK 13,062 12,234 Southern Division1 11.5 10.1 - - - Total 27.0 24.2 26.0 25.5 26.3 FINANCIAL OVERVIEW, DIVISIONS Of which pellets 22.7 20.3 21.7 21.1 22.0 NORTHERN SOUTHERN SPECIAL PRODUCTS Of which fines 4.3 3.9 4.3 4.4 4.3 DIVISION2 DIVISION2 DIVISION2 2016 2015 2016 2015 2016 2015 PRODUCTION AND
Load more

Recommended publications
  • Fire and Smoke Spread in Underground Mines
    Site inventory of operational mines– fire and smoke spread in underground mines. Rickard Hansen Studies in Sustainable Technology 2010:01 Mälardalen University Summary This report is part of the research project “Concept for fire and smoke spread prevention in mines”, conducted by a research group at Mälardalen University. The project is aimed at improving fire safety in mines in order to obtain a safer working environment for the people working for the mining companies in Sweden or for visitors in mines open to the public. This report deals with the second step in the project: the site inventory in operational mines. The main purposes of the inventory are: - To get a clear picture of the risks in the different mines. - To get a clear picture of the protective measures of each mine. - Optimize the choice of design fires for each mine. To find out what the present situation was at the operational mines, a site inventory was conducted at the two LKAB mines. The site inventories were conducted through actual visits to the specific sites and through e-mail correspondence with LKAB personnel responsible for the different sections and areas. During the inventories, predefined forms for each type of item were used in order to facilitate the work. The following items were examined: - Combustible materials in general, for example large amounts of wood. - Vehicles - Cables - Fire barriers - Ventilation systems - Extinguishing systems Besides the above items, earlier fires and fire incidents were also examined. As the two LKAB mines are tremendously large with a large amount of equipment etc, only the most common vehicles were listed and examined further.
    [Show full text]
  • Year-End Report 2019: Strong Earnings in an Uncertain Market
    PRESS RELEASE Attachments: Date: 1 (3) 11/02/2020 Contact: Bo Krogvig, Senior Vice President Communications and Climate, LKAB Telephone: +46 (0)8 429 3445 Email: [email protected] Year-end report 2019: Strong earnings in an uncertain market Stable production and favourable market conditions enabled LKAB to increase its operating profit both for the quarter and for the full year, this despite lower delivery volumes. The market remains uncertain, however. Sales for full-year 2019 increased to MSEK 31,260 (25,892) and operating profit strengthened to MSEK 11,788 (6,869), an increase of 72 percent. The improved earnings are mainly due to higher iron ore prices and a stronger dollar exchange rate. Lower sales had an adverse effect. Operating cash flow for the full year increased to MSEK 6,981 (3,386). The improvement is mainly due to the increase in profits and to lower levels of capital expenditure. Higher expenditure on urban transformation had a negative impact. Profit for the year amounted to MSEK 10,173 (5,274) and the Board is proposing to the Annual General Meeting an ordinary dividend amounting to MSEK 6,104 (3,164). For the fourth quarter sales increased to MSEK 6,947 (6,911) and operating profit increased to MSEK 2,047 (1,900). The improved earnings are mainly a result of a stronger dollar exchange rate and lower costs for urban transformation provisions. Lower prices for highly upgraded iron ore products and lower delivery volumes during the quarter had an adverse effect. “I am pleased that we are delivering strong earnings despite an uncertain market and despite making significant investments in both the ongoing urban transformation and our projects for the future.
    [Show full text]
  • Monthly Journal from the Luleå Biennial 0
    � Monthly journal from the Luleå Biennial 0:- Nr.1 “We Were Traitors of the Nation, They Said” Aug 2018 attack can be seen as the culmination of the preceding years of nationalism, warmongering and hatred against the communists in the re- gion. Its features and planning are remarkable: one of the key agents in the act, Ebbe Hallberg, was state attorney and chief of police in Luleå. Together with a journalist at the conservative newspaper Norrbottens-Kuriren and some army officers, they organised and carried out the bru- tal deed with the aim of silencing dissidents. We will also direct our attention to the history of the Swedish government’s establishment of internment camps for anti-fascists and anti-na- zis during the 1930s and 40s. The largest of the camps was located in the Norrbotten town Stors- ien in the Kalix municipality. Interned here were, among others, members of Flamman’s editorial staff. The camp and the attack overlap in time, 1 sentiment and the destinies they affected. 1 By addressing this dark history, we reflect on Swe- den’s idea of itself and its neutrality. How do these Monument by Toivo Lundmark, in memory of the attack events resonate today? What happens when we on Norrskensflamman. Photo: Thomas Hämén, 2018. look back and remember together? And why do these stories feel especially pertinent at this par- Between two private residences on Kungsgatan ticular time? These are questions we have raised 32 in the centre of Luleå is a memorial to the five in a research process that will lead us further to- people who fell victim to the attack on the com- wards the opening of the Luleå Biennial in Novem- munist newspaper Norrskensflamman on the 3rd ber 2018.
    [Show full text]
  • Eighth Annual Market Monitoring Working Document March 2020
    Eighth Annual Market Monitoring Working Document March 2020 List of contents List of country abbreviations and regulatory bodies .................................................. 6 List of figures ............................................................................................................ 7 1. Introduction .............................................................................................. 9 2. Network characteristics of the railway market ........................................ 11 2.1. Total route length ..................................................................................................... 12 2.2. Electrified route length ............................................................................................. 12 2.3. High-speed route length ........................................................................................... 13 2.4. Main infrastructure manager’s share of route length .............................................. 14 2.5. Network usage intensity ........................................................................................... 15 3. Track access charges paid by railway undertakings for the Minimum Access Package .................................................................................................. 17 4. Railway undertakings and global rail traffic ............................................. 23 4.1. Railway undertakings ................................................................................................ 24 4.2. Total rail traffic .........................................................................................................
    [Show full text]
  • 080515 Lindahl Bukarest II
    Sustainable Mining in Europe – The Nordic experience Lars-Åke Lindahl SveMin (Swedish Association of mines, mineral and metal producers) Non-energy mining industry in Europe Bucharest, 15 May 2008 Outline • Introduction • The three pillars of sustainable development/sustainable mining – Economic – Social – Ecology/Environment • Concluding comments Health & Safety Energy Environment Exploration Metalprod. access to land Swedish Association of Mines, issues Mineral and Metal Producers EU- Competence Treaties monitoring with unions The three pillars of Sustainable development • Economic • Social • Ecology/Environment Source: SGU Source: SGU Mines in Sweden Swedish mine production 2006 Metal Production Part of EU Place production Iron 23.3 Mt 89.6 % 1st Gold 6.8 t 32.8 % 1st Silver 292 t 16.9 % 2nd Iron (Poland) Sulphide Gold Zinc 210 Kt 25.4 % 2nd Industrial Minerals (Ireland) Operating Planned Lead 55.6 Kt 30.8 % 2nd (Ireland) Copper 86.7 Kt 12.4 % 2nd (Poland) Source: SGU (Swedish Geological Survey) KIRUNA MINE (LKAB) Automated drillrig, Kiruna mine Remote Controlled Electrical Loader, Kiruna mine THE AITIK MINE (Boliden) Source: SGU Source: SGU The three pillars of Sustainable development • Economic • Social • Ecology/Environment 70 60 Swedish Mining and Mineral Industry (all employees) Lost Day Injury Frequency Rate 1988-2007 50 Occupational Accidents 40 30 20 No. per 1 million worked hours 10 0 1988 1989 1990 1991 1992 Under ground 1993 Surface Total 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Mining Industry
    [Show full text]
  • Representing the SPANISH RAILWAY INDUSTRY
    Mafex corporate magazine Spanish Railway Association Issue 20. September 2019 MAFEX Anniversary years representing the SPANISH RAILWAY INDUSTRY SPECIAL INNOVATION DESTINATION Special feature on the Mafex 7th Mafex will spearhead the European Nordic countries invest in railway International Railway Convention. Project entitled H2020 RailActivation. innovation. IN DEPT MAFEX ◗ Table of Contents MAFEX 15TH ANNIVERSARY / EDITORIAL Mafex reaches 15 years of intense 05 activity as a benchmark association for an innovative, cutting-edge industry 06 / MAFEX INFORMS with an increasingly marked presence ANNUAL PARTNERS’ MEETING: throughout the world. MAFEX EXPANDS THE NUMBER OF ASSOCIATES AND BOLSTERS ITS BALANCE APPRAISAL OF THE 7TH ACTIVITIES FOR 2019 INTERNATIONAL RAILWAY CONVENTION The Association informed the Annual Once again, the industry welcomed this Partners’ Meeting of the progress made biennial event in a very positive manner in the previous year, the incorporation which brought together delegates from 30 of new companies and the evolution of countries and more than 120 senior official activities for the 2019-2020 timeframe. from Spanish companies and bodies. MEMBERS NEWS MAFEX UNVEILS THE 26 / RAILACTIVACTION PROJECT The RailActivation project was unveiled at the Kick-Off Meeting of the 38 / DESTINATION European Commission. SCANDINAVIAN COUNTRIES Denmark, Norway and Sweden have MAFEX PARTICIPTES IN THE investment plans underway to modernise ENTREPRENEURIAL ENCOUNTER the railway network and digitise services. With the Minister of Infrastructure The three countries advance towards an Development of the United Arab innovative transport model. Emirates, Abdullah Belhaif Alnuami held in the office of CEOE. 61 / INTERVIEW Jan Schneider-Tilli, AGREEMENT BETWEEN BCIE AND Programme Director of Banedanmark. MAFEX To promote and support internationalisation in the Spanish railway sector.
    [Show full text]
  • Interim Report Q2
    2015 INTERIM REPORT Q2 Luossavaara-Kiirunavaara AB (publ) Corp. ID no. 556001-5835 Financial information from LKAB is available in Swedish and English and can be obtained from: LKAB Communications, Box 952, SE–971 28 Luleå, Sweden. Tel +46 (0)771 76 00 00, Fax +46 (0)771 76 00 01. Financial information is also available on lkab.com APRIL – june JANUARy – june • NET salES TOTALLED MSEK 3,567 (4,957). • NET salES TOTALLED MSEK 7,745 (10,963). • OPERATING LOSS was MSEK -228 (-417). • OPERATING PROFIT was MSEK 147 (1,530). • OPERATING PROFIT BEFORE COSTS FOR URbaN • OPERATING PROFIT BEFORE COSTS FOR URbaN TRANSFORMATION PROVISIONS was MSEK 23 (859). TRANSFORMATION PROVISIONS was MSEK 622 (2,883). • LOSS BEFORE TAX TOTALLED MSEK -548 (-319). • PROFIT BEFORE TAX TOTALLED MSEK 188 (1,707). • LOSS FOR THE PERIOD was MSEK -416 (-247). • PROFIT FOR THE PERIOD was MSEK 190 (1,343). • OPERATING CASH FLOW was MSEK -1,488 (643). • OPERATING CASH FLOW was MSEK -1,195 (2,764). • DELIVERIES OF IRON ORE TOTALLED 5.3 (6.0) MT. • DELIVERIES OF IRON ORE TOTALLED 11.2 (12.6) MT. NET SALES AND OPERATING PROFIT COMMENTS BY THE PRESIDENT AND CEO Net sales Q2 2015 Net sales Operating profit MSEK COSTS IN FOCUS AS PRICE 8000 7000 PRESSURE CONTINUES IN THE 6000 MARKET 5000 4000 3000 Low iron ore prices and fewer deliveries planned to begin as early as the summer of 2015. 2000 are putting pressure on LKAB’s profitability. Full production should be reached in Q2 2016 as 1000 Meanwhile, efforts to reduce costs are having previously announced.
    [Show full text]
  • The Mineral Industry of Sweden in 2016
    2016 Minerals Yearbook SWEDEN [ADVANCE RELEASE] U.S. Department of the Interior November 2019 U.S. Geological Survey Revised November 2020 The Mineral Industry of Sweden By Meralis Plaza-Toledo Sweden, a country located on the Scandinavian Peninsula Production and bordered by Norway on the west and Finland to the east, is part of an area of crystalline and metamorphic rocks called the In 2016, the production of horticultural and fuel peat Fennoscandian Shield, which hosts a variety of mineral deposits. increased by 31% and 25% respectively; tellurium by 15%; The three primary ore regions in Sweden are the Norrbotten iron ore, by 8%; gold, by 8%; and silver, by 7%. Production of region, which is characterized by iron ore, copper, and gold feldspar decreased by 24%, and that of ferrochromium, by 13%. deposits; the Bothnia-Skelleftea region, which is characterized Data on mineral production are in table 1. by base metals and gold; and the Bergslagen region, which hosts Structure of the Mineral Industry copper, gold, iron ore, lead, and zinc. In 2016, Sweden was the leading iron ore producer of the European Union (EU) and a In 2016, the Swedish mineral industry was composed mostly leading producer of copper, gold, lead, silver, and zinc. In 2016, of privately owned companies. State-owned Luossavaara- Sweden was estimated to be the world’s second-ranked producer Kiirunavaara AB (LKAB) was Europe’s leading iron ore of refined tellurium, accounting for 9.5% of the world’s producer. Boliden AB (Boliden), a privately owned mining refinery production (Swedish Trade and Invest Council, 2014; and mineral-processing company, produced copper, gold, lead, Geological Survey of Norway, 2016; Anderson, 2018).
    [Show full text]
  • Annual Report and Sustainability Report
    ANNUAL REPORT AND LKAB SUSTAINABILITY REPORT ANNUAL REPORT AND SUSTAINABILITY REPORT AND SUSTAINABILITY ANNUAL REPORT CONTENTS Events in brief 2 The LKAB Manifesto 3 Overview of the past year 4 President’s report 6 Group strategies 9 LKAB 2009 11 Economic trends, market 13 Steel demands iron ore 16 International trade 17 The iron ore mines 18 Prospecting, ore reserves 19 From iron ore to pellets 20 Production 2009 21 Research and development 22 Human resources 23 Investments 24 The industrial minerals business 25 Subsidiaries 26 2009 SUSTAINABILITY REPORT 27 Stakeholders and sustainability issues 28 Value creation 29 Control of sustainability activities 30 Urban transformation 31 Environment 34 Co-workers 44 Involvement in local communities 49 About LKAB’s Sustainability Report for 2009 106 GRI index 106 Auditors’ statement of assurance 108 CORPORATE GOVERNANCE REPORT 50 Board of Directors and Group Management 55 FINANCE 58 Group overview 58 Contents, financial statements 59 Report of the Directors 60 Financial reports and notes 68 LKAB, BOX 952, SE-971 28 LULEÅ, SWEDEN Proposed disposition of unappropriated earnings 104 www.lkab.com Auditors’ Report 105 Glossary 109 Addresses 110 Annual General Meeting 20092009 and financial information 111 ANNUAL REPORT AND LKAB SUSTAINABILITY REPORT ANNUAL REPORT AND SUSTAINABILITY REPORT AND SUSTAINABILITY ANNUAL REPORT CONTENTS Events in brief 2 The LKAB Manifesto 3 Overview of the past year 4 President’s report 6 Group strategies 9 LKAB 2009 11 Economic trends, market 13 Steel demands iron ore 16
    [Show full text]
  • Fishing in Luleå
    SWEDISHthe destinations of LAPLAND YOUR ARCTIC DESTINATION Fishing luck in Luleå Helena Holm Helena Photo: ALWAYS A FISHING WATER WITHIN REACH The summer sun sets down by the restaurants of University, among other things. Today, fishing on the river is not what Luleå’s north harbour. You order a classic Kalix it once was, although salmon and trout are still caught here. However, there are even better opportunities to catch pike and perch. If you are vendace roe starter, to celebrate something. The looking for a wild salmon river, the Råne River is a beautiful option, waiter tells you that you can also order fried also offering magnificent pike fishing, and opportunities to catch wild vendace today, known in Finnish as muikku, river crayfish in the autumn. Around the city of Luleå, you will find and something of a national dish. The vendace, many well maintained fishing waters, both for families and enthusi- Coregonus albula in Latin, is a small salmonid asts. Lake Hertsöträsket has been adapted for accessibility, to provide a good fishing experience even for those in wheelchairs. Luleå was not fish which gives us the amazing vendace roe, and just founded on fish, it is also a place for those who like to fish. Just as also Norrbotten’s official county fish. Since 2010, you could expect from a city on the coast of the Gulf of Bothnia. Kalix vendace roe has been an item with protected designation of origin, such as Parma ham, Stilton good to know Carefully check that you are fishing on licenced waters, cheese and champagne.
    [Show full text]
  • Iron Ore in 1997, an Increase of 4.6% Compared with the 1996-97 Production Increased by 0.5%
    IRON ORE By William S. Kirk Iron ore is essential to the economy and national security of the U.S. production data for iron ore are developed by the U.S. United States. As the basic raw material from which iron and Geological Survey (USGS) from two separate, voluntary surveys steel is made, its supply is critical to any industrial country. Scrap of domestic operations. The annual “Iron Ore” survey (1066-A) is used as a supplement in steelmaking, but is limited as a major provides 100% of total production shown in tables 1 through 4. feed material because the supply of high-quality scrap is limited. This information is supplemented by employment data, mine Virtually all (about 98%) iron ore is consumed by the steel inspection reports, and information from consumers. The industry. American Iron Ore Association (AIOA) provided data on ore Domestic and international iron ore production levels rose in shipments from loading docks on the upper Great Lakes as well as 1997, with international production reaching a record level of receipts at transfer docks and furnace yards nationwide. The dock 1,035.9 million metric tons. Domestically, shipments exceeded and steel plant data were compiled jointly by AIOA and the those of 1996 by 1.0% although consumption fell slightly. American Iron and Steel Institute (AISI). Companhia Vale do Rio Doce (CVRD), the world’s largest iron Although iron ore was produced by 14 companies, 9 of them ore producer, was privatized, reversing Brazilian Government accounted for 99.5% of all domestic production. The 14 policy that had been in effect for more than 50 years.
    [Show full text]
  • LKAB Is Looking for Talented Engineers in Mining
    LKAB is looking for talented Engineers in Mining LKAB is currently engaged in an important process to increase production, develop and streamline the existing production systems in our mines, and design new smart and fossil-free mining systems below our current main levels in our underground mines in Kiruna and Malmberget. These great challenges and opportunities will require additional talented mining engineers. Therefore, we are looking for mining engineers that are interested in being part of our journey towards the future, and are interested in technical development, innovation, and research in mining, with a focus on mine design, mining methods, rock mechanics, autonomous mining and underground logistics. Your qualifications All positions require a strong interest in identifying and overcoming the challenges that will be faced when mining below the present mining system. Qualities fundamental to these jobs are a passion for technology and problem-solving, a strong interest in suggesting and testing new solutions, and good analytical abilities. You enjoy teamwork and have good communication skills, and are interested in creating an international network of contacts. You hold a MSc or a PhD in one of the following areas: • mine design • mining methods • rock mechanics • geotechnical numerical analysis • mine seismology • autonomous mining • mining systems or • underground logistics Industrial experience is of great importance but all candidates will be considered. Those with similar backgrounds are also welcome to apply for one of the positions. You will be based in the city of Kiruna or Gällivare, close to the mining operations. Kiruna and Gällivare are situated in Swedish Lapland, above the Arctic Circle.
    [Show full text]