MINING AND MINERAL INDUSTRY OF THE FUTURE 2015 OUR CORE BUSINESS LKAB mines and processes ore for the global steel market WHERE WE OPERATE GROWTH IS A STRATEGIC GOAL Extending mining operations by 25 years Mertainen E10 highway Towards Kiruna Gruvberget Svappavaara village Leveäniemi Malmbanan railroad THE SVAPPAVAARA FIELD - Europe’s biggest iron ore project Per Geijer Exploration tenements Mining concession Tuollavaara Östra Sigrid & Viktor EXPLORATION TARGETS AND PERMITS Kuosanen Exploration spending 2014 approx. 120 msek Mertainen Gruvberget Painirova Ylipääsnjaska Fjällåsen Kuortesape Talvitasvaara Frans Sparre & Bergmästaren Sikträsk Hedvig & Nils Leveäniem i KIRUNA Per Geijer SVAPPAVAARA Tuollavaara Östra Sigrid & Viktor Kuosanen MALMBERGET Mertainen Gruvberget Fjällåsen Painirova Kuortesape Leveäniemi Talvitasvaara Ylipääsniaska Sparre & Bergmästaren Frans Hedvig & Nils Sikträsk Nukutus Henry Lappmalmen Luossavaara Rektorn Haukivaara Kiirunavaara City of Kiruna PER GEIJER ORE BODIES Locations 7 PER GEIJER ORE BODIES History 8 MALMBERGET Vitåfor s Tingvallskulle underground mine Mining consession Land allocation area Kapten and Fabian underground mine SPARRE ORE BODY Mineralisation with topography Red areas illustrates surface mineralisation. 10 SPARRE ORE BODY Final pit design EXPLORATION GOAL: • Increased surface tonnage • Layout Work • Hematit investigation PEOPLE, SOCIETY AND THE ENVIRONMENT License to operate – explorations biggest challenge for the future SUSTAINABILITY Sami collaboration contract 13 SUSTAINABILITY Demand from the authorities is increasing 14 SUSTAINABILITY The industry strives to fulfil all environmental requirements Conclusion • Industry (LKAB) emphasises good planning and the ability to adapt to the conditions dictated by stakeholders and environmental standards. 15