LKAB reports increase in first half profit

Operating income for the period increased by 1 per cent to Skr 3.05 billion from Skr 3.02 billion in the same period last year. Sales revenues increased by 7 per cent to Skr 7.49 billion. Higher energy costs as well as the outsourcing of raw materials and mining services affected the company's operating income. Iron ore production in this period remained at the same level as last year at 11.5 million tonnes.