Synopsis
Timetric's 'Iron Ore 7 in Sweden to 2020' report comprehensively covers the country’s iron ore reserves and historic and forecast data on iron ore production to 2020. The report also includes iron ore prices, historic and forecast iron ore consumption and exports to 2020, exports by country, Swedish iron ore ports, demand drivers, competitive landscape, information on the active, exploration and development projects and regulations governing the industry.
The fiscal regime section provides information about the country’s regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the 7 of the commodity in the country. It is an essential tool for companies active across the Swedish 7 value chain, and for new competitors considering entering the industry.
Scope
The report contains an overview of the Swedish iron ore 7 industry together with information on reserves, historical and forecast production to 2020 with supporting factors, historical and forecast iron ore consumption and ores and concentrates exports to 2020 and demand drivers. In addition, it provides information about iron ore prices, the competitive landscape, active, exploration and development projects and the fiscal regime governing the Swedish 7 industry.
Summary
The country’s iron ore reserves were 3.5 billion tonnes (Bnt) as of January 2015, ranking the country ninth globally and representing 1.9% of global reserves, with reserves found in the provinces of Norrbotten, Uppland, and Dalarna. In 2014, Sweden was the third-largest iron ore producer in Europe after Russia and Ukraine and the 11th largest in the world with production of an estimated 27.6 million tonnes (Mt).
Reasons To Buy
To gain an understanding of the Swedish iron ore 7 industry, reserves, historic and forecast production, iron ore consumption and ores and concentrates exports, prices, demand drivers, active, exploration and development projects, the major iron ore producing companies and the country's fiscal regime.
Key highlights
• Luossavaara-Kiirunavaara Aktiebolag (LKAB) has a virtual monopoly over the Swedish iron ore 7 industry with around 95% of total production.
• LKAB’s Kiruna mine in Norrbotten is the largest underground iron ore mine in the world, while other operating mines include the Malmberget and Svappavaara area mines, also in Norrbotten.
• Sweden exported around 86% of the iron ore it produced in 2014 with Germany the most important market, accounting for 25.7% of Sweden’s total iron ore exports.
Table Of Contents
1 Executive Summary
2 Iron Ore 7 in Sweden – Reserves, Production, Consumption and Trade
2.1 Reserves by Geographical Region and Grade
2.2 Historic and Forecast Production
2.2.1 LKAB is the major iron ore producing company
2.3 Active Mines
2.4 Exploration and Development Projects
2.5 Iron ore consumption and exports
2.5.1 Exports by country
2.5.2 Swedish iron ore ports
2.6 Demand Drivers
2.6.1 Demand from the European crude steel industry
2.6.2 Demand from the construction industry in Europe
3 Major Iron Ore Producers
3.1 Major Iron Ore Producers in Sweden
3.1.1 Luossavaara–Kiirunavaara AB (LKAB)
3.1.2 Dannemora Mineral AB
4 Fiscal Regime
4.1 Geological Survey of Sweden (Sveriges Geologiska Undersokning)
4.1.1 7 Inspectorate of Sweden (Bergsstaten)
4.2 The Swedish 7 Industry – Governing Law
4.2.1 Minerals Act (1991:45)
4.2.2 Exploitation permits
4.3 The Swedish 7 Industry – Rights and Obligations
4.3.1 Rights
4.3.2 Obligations
4.4 The Swedish 7 Industry – Key Fiscal Terms
4.4.1 Fees
4.4.2 Corporate income tax
4.4.3 Capital gains tax
4.4.4 Withholding tax
4.4.5 Real estate tax
4.4.6 Depreciation
4.4.7 Loss carry forward
4.4.8 Value added tax
5 Appendix
5.1 Abbreviations
5.2 Secondary Research
5.3 Primary Research
5.4 Contact Timetric
5.5 About Timetric
5.6 Timetric’s Services
5.7 Disclaimer
List Of Tables
Table 1: Iron Ore 7 in Sweden – Iron Ore Production (Million Tonnes), 2000–2020
Table 2: Iron Ore 7 in Sweden – Active Mines, 2015
Table 3: Iron Ore 7 in Sweden – Exploration Projects, 2015
Table 4: Iron Ore 7 in Sweden – Development Projects, 2015
Table 5: Iron Ore 7 in Sweden – Iron Ore Consumption and Exports (Million Tonnes), 2000–2020
Table 6: Iron Ore 7 in Sweden – Export by Country (Million Tonnes), 2014
Table 7: Iron Ore 7 in Sweden – Luossavaara-Kiirunavaara AB, Projects, 2015
Table 8: Iron Ore 7 in Sweden – Dannemora Mineral AB, Major Projects, 2015
Table 9: The 7 Industry in Sweden – Fees Payable (SEK), 2014
List Of Figures
Figure 1: Iron Ore 7 in Sweden – Iron Ore Reserves by Country (%), 2014
Figure 2: Iron Ore 7 in Sweden – Mines in Sweden
Figure 3: Iron Ore 7 in Sweden – Iron Ore Production vs. Iron Ore Prices, 2000–2020
Figure 4: Iron Ore 7 in Sweden – LKAB Iron Ore Production (%), 2014
Figure 5: Iron Ore 7 in Sweden – Iron Ore Consumption and Exports (Million Tonnes), 2000–2020
Figure 6: Iron Ore 7 in Sweden – Export by Country (%), 2014
Figure 7: Iron Ore 7 in Sweden – Swedish Iron Ore Ports
Figure 8: Iron Ore 7 in Sweden – Production of Steel in the European Union (Million tonnes), 2001 – 2020
Figure 9: Iron Ore 7 in Sweden – Construction Output Value of Major EU Nations (US$ Billion*), 2010, 2015 and 2020
Figure 10: Iron Ore 7 in Sweden – German Construction Output by Project Type (US$ Billion), 2009–2018
