Barents cooperation in minerals and metals.

Luleå University of TechnologySeptember 14th 2011

Per-Erik Lindvall,

Senior Vice President

LKAB

ARCTIC CIRCLE Luleå

Malmberget

SvappavaaraKiruna

Narvik

The Swedish Mining Industry for the next decade- a window of opportunity!

- A fantastic possibility to grow the business and the region!- twice as big by 2020

Our operations are state-of-the art

High-tech mining operations Clean technology for pelletising plants

Environmentally friendly railway transports

World’s only experimental blast furnace

Europe’s biggest iron ore projectmore than 300 million tonnes

MertainenOpen pitTest miningFull production 2015 ( 5 mtpa)

GruvbergetOpen pitIn production (2 mtpa)

LeveäniemiOpen pit ( closed since 1985)Full production 2015 ( 5mtpa

The Barents region – an area of great geological potentialand an important source of functional mineral products to the

European industry and citizens

Knowledge triangle for decoupled growth

Customer requirements

Customer requirements

Technical parameters

Technical parameters

Production parametres

Production parametres

Product Properties

Product Properties

Translate

Manufacturing

Con

trol

Su

rpass RDI

Understand

Basic ideas

• Technological leadership is necessary to stay competitive and for meeting current and future requirements.

• Leadership is maintained by close co-operation between operators, suppliers and academia toward a common objective.

• Concentrate our research to Luleå University of Technology and create flexible research centres

Strategic activities (examples)

• Company (LKAB): – Operation of the Experimental Blast Furnace– Participation in ULCOS– € 10 million donated to Luleå University of Technology

in 2004 for strenghtening the research and competence in vital areas.

– € 5 million donated to Luleå University of Technology in 2008 to finance five professors in strategic areas

– € 5 million donated to Luleå University of Technology in 2010

Sustainable mining in the Barents Region

- laying the foundation for growth and development