Sweden: LKAB’s pellet output remains largely stable y-o-y in Q1CY’25

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LKAB’s pellet output stood at 6.6 mnt in Q1CY’25, a decline of just 1.5% compared to 6.7 mnt in Q1CY’24, reflecting stable production following successful remediation of earlier operational disruptions. All facilities remained fully operational throughout the quarter.
LKAB’s iron ore product deliveries surged to 6.5 mnt in Q1 from 3 mnt in Q1CY’24, as logistics normalised after last year’s derailments on the Iron Ore Line.

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