A stable growth journey
We are investing to build a long-term and sustainable company that will operate mining activities here in Tornedalen. This growth journey creates new opportunities for exciting jobs and business ventures for future generations. We are a strong regional player, a growth engine in the local community, and a significant contributor to national exports.
Latest press releases
Press release1 October 2024 at 16:00 CET
Kaunis Iron AB Proceeds with Organizational Changes to Secure Mining Operations in Tornedalen
As previously announced, due to the challenging market conditions, Kaunis Iron AB has now completed the initial union negotiations and is proceeding with a thorough reorganization to streamline operations. Although these actions are difficult, they are necessary for the company to strengthen its business and secure a long-term future for mining in Tornedalen.
Press release11 September 2024 at 10:00 CET
Kaunis Iron Adapts Operations to Current Market Conditions
Kaunis Iron is facing a challenging market environment, with falling iron ore prices, global uncertainty, and weak economic development in China, the dominant market for iron ore. To ensure long-term competitiveness, Kaunis Iron is now implementing further cost-saving measures and staff reductions. Negotiations with trade unions will begin shortly.
Press release31 January 2024 at 09:00 CET
Record deliveries for Kaunis Iron
Kaunis Iron’s fifth year of business was yet another profitable year, with new record deliveries.The net profit for the year was SEK 690 million.“We can now start realising the vision of a mining industry that generates jobs and growth opportunities in the region for future generations”, says a satisfied Klas Dagertun, CEO of Kaunis Iron.
Financial calendar
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Kaunis Iron in numbers
We are a strong regional player, a growth engine in the local community and a significant player for national exports.
Financial overview