Type
Business expansion
Country
Sweden
Region
Övre Norrland; Norrbottens län;
Location of affected unit(s)
Mertainen
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Metal Ores
07.1 - Mining of iron ores

500 jobs
Number of planned job creations
Job creation
Announcement Date
18 July 2014
Employment effect (start)
Foreseen end date

Description

Swedish state owned mining company LKAB has been granted to start mining activities in Mertainen resulting in the creation of 500-700 new jobs. The mining activities will commence after the approval from the Swedish Agency for Marine and Water Management that in the past opposed to mining activities in the area due to environmental concerns. In the area three mines will open and the project is considered the Europe's biggest iron ore project at the moment. The timeframe for the job creation is not known yet. 


Sources

Citation

Eurofound (2014), LKAB, Business expansion in Sweden, factsheet number 77390, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77390.