2 billion tons, an increase of 900 tons in 2025 compared to the previous year. The increase comes from the latest year's mapping of LKAB's deposits, with the largest growth in the Malmbergsgruvan, where it amounts to 770 million tons. 3 billion tons of iron ore and phosphorus, and it also contains rare earth metal oxide resources with significantly higher concentrations than found in LKAB's other deposits.
According to LKAB's Ian Cope, area manager for prospecting, the large resources of iron and critical minerals are a significant asset for the Malmfälten region, Sweden, and Europe. LKAB's Jan Moström said that in 2025, it has become increasingly clear that rare earth metals play a crucial role in global geopolitics and that today's value chains are very vulnerable to disruptions.
the large resources of iron and critical minerals are a significant asset for the Malmfälten region, Sweden, and Europe
in 2025, it has become increasingly clear that rare earth metals play a crucial role in global geopolitics and that today's value chains are very vulnerable to disruptions