For future generations
Earnings are important to us as a company – so that we build up a cash reserve for future investments and manage potential price falls on the world markets. Quite simply, we take responsibility for the long-term security of the company’s economy and continue to contribute positively to social development both locally, regionally as well as globally.
We should not be driven by short-term interests to optimize profits, but 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 manage to have long-term exploration in the local area and 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 2023, we reinvested SEK 417 million in Pajala municipality and a further SEK 836 million in the rest of the region. We want to be an economic engine for regional business development.
