"The municipality's financial problems must be addressed to ensure continued social development. Therefore, LKAB is taking a number of measures to help the municipality get out of the crisis. We do not believe the municipality can sort this out on its own, and we and the people of Kiruna will be affected," says Johan Menckel, CEO of LKAB, in a press release.
LKAB supports Kiruna municipality with SEK 1.8 billion contract
LKAB and Kiruna Municipality have signed a collaboration agreement on the city's transformation. Under the agreement, the mining giant will provide the municipality with SEK 1.8 billion.
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