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LKAB: Kiruna’s Kismet & Pellet Plant Pause

LKAB halts a pellet plant in Kiruna for months due to shifting underground rock conditions, cutting 2026 deliveries by two million metric tons. The Swedish mining giant avoids layoffs by reassigning staff to maintenance roles. Production is expected to return to previous levels by 2027. This pause safeguards long-term operational stability.

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