LKAB appeals EU decisions

LKAB appeals EU decision

TT LKAB goes to EU court. Archive image: Karin Wesslén/TT European steel competitors emit more carbon dioxide than Swedish LKAB and therefore get more free emission rights, according to the state mining giant which appeals the EU Commission's decision not to equate LKAB's production with other steel companies' production. has tried for several years to convince the European Commission that the decision was taken on the wrong grounds, without success. ”The policy pursued by the Commission in this case is to deliberately subsidize the steel industry's continued use of the least climate-efficient technologies, at the direct expense of the most climate-efficient technologies “, writes LKAB's CEO Jan Moström in a press release. According to LKAB, the company could have received a supplement in the billion class every year in the form of emission rights if the company's operations had been assessed in a similar way to European competitors.


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