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    A large mining dump truck drives on a snowy road during sunset.

    The latest from Kaunis Iron

    Here you can find the latest from Kaunis Iron!

    We hope you find what you are looking for. Here we gather our press releases, financial reports, news and press photos. Our goal is always to maintain a high level of service, so please feel free to reach out to us in order to get in touch with us and get answers to your questions regarding Kaunis Iron.

    FAQ

    Information about the challenging market situation

    The challenging market situation is the result of several factors, many of which are largely beyond our control but have a significant impact on our operations.

    Here, we have compiled some answers to the most common questions on the subject.

    Read our FAQ
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    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.

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    Press material

    Here you will find a selection of our high-resolution press images.

    Go to the media bank
    A loaded mining truck, Caterpillar 793F drives up the ramp in Kaunis Iron's mine.

    One of Kaunis Iron's mining trucks, in a beautiful winter landscape