TLG 1.33% 37.0¢ talga group ltd

Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a government owned...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 308 Posts.
    lightbulb Created with Sketch. 87
    Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a government owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s.

    You can look at it how you want, I see this as a negative in the short term but this is a state run entity in the end it will do what the state wants. The EU will pressure Sweden, the government wants the jobs so it will tell LKAB what to do.
    This doesnt mean that its over Mark is playing Chicken with the powers that be. I wouldn't expect any less from the kind of man who packs up shop and bets it all on a graphite mine 10 years before everyone else.

    To answer your question there are other miners but only one Talga
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.