Swedish mining company Luossavaara-Kiirunavaara Aktiebolag (LKAB) announced on 22 January the completion of the KUJ1365 project at the Kiruna underground mine, with a total investment of SEK 12 billion.
LKAB decided in 2008 to build a 1365-metre underground main level at the Kiruna mine, its largest project to date as it required the excavation of approximately 4.3 million cubic metres of rock. Iron ore production at this mine was planned to reach 35 million tonnes.
The first phase of the KUJ1365 project started in May 2013 and continued every two years thereafter. The fifth phase was completed in November 2017, and production equipment was expected to continue operating until 2033.
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