The company plans to invest SEK10-20 billion (US$1.16-$2.
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LKAB plots path towards carbon-free future
Swedish iron ore producer LKAB has announced plans to replace its iron ore pellets with sponge iron produced using green hydrogen as part of a strategy to achieve net-zero carbon emissions from processes by 2045.
During the transformation, LKAB will supply iron ore pellets in parallel with developing carbon-free sponge iron.
- 24 November 2020
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The technology behind LKAB's transformation
Company has a long-term strategy to achieve net-zero carbon emissions by 2045.
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