A summary of Swedish state-owned iron-ore producer LKAB's financial results for the third quarter of 2020 ended September 30.
In brief
LKAB's iron ore deliveries surge by almost 40% year on year. Despite record quarterly iron ore deliveries, LKAB recorded slightly weaker operating results for the third-quarter period due to lower prices for highly upgraded iron ore products and increased costs. Higher costs were attributed to repair works and crushed ore handling associated with the...