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14 Aug
13:28

LKAB deliveries drop, foresees increased costs, operational disruptions

Iron ore prices remain at high levels despite their decrease in the first half of 2023, but uncertainty remains over global economic development, says LKAB. The miner is seeing a general increase in costs of energy, inputs, materials and services, while works on the Ore Railway during summer could continue to limit production and delivery capacity. LKAB’s iron ore deliveries fell 6% on-year in the second quarter to 5.8 million tonnes, with an 81% proportion …
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