Long-term mining operations
It is important for us as a company to build up cash reserves to handle future investments and potential price drops on the global market. In short, we are taking responsibility for ensuring the company’s long-term financial stability and continuing to contribute positively to societal development—locally, regionally, and globally.
We are not driven by short-term interests and work to lay the long-term foundation for a functioning mining industry in Pajala for future generations. To build something truly lasting for Pajala, the region and Sweden.
For everyone in the mining industry, the future is of course primarily determined by the ore assets that we can identify and secure. But, also because we get permission to mine the deposits in question. It is therefore crucial that we have a good dialogue with decision-making authorities and the surrounding community.
We also have a stated strategy to reinvest in the local community via the purchases of services and goods that we carry out annually. In 2025, 69% of purchases were made from suppliers in the region that have significant local operations and where the local organization is the one primarily involved in the business relationship with us.
