Sweden, April 29 -- ABB has completed a generational upgrade of mine hoists at LKAB's Kiruna site in northern Sweden, a milestone in ensuring continued operational productivity, safety and longevity for at least the next 25 years. The Swedish mining company first awarded the key contract to ABB in 2014 and is now commissioning the project on schedule and below budget, marking a major achievement for both companies.The world's largest underground iron ore mine and home to the biggest installed base of ABB mine hoists globally, Kiruna has 13 mine hoists in total. With the newly upgraded infrastructure, LKAB can confidently secure its iron ore supply for decades, continuing to meet the growing global demands for the mineral, crucial to industr...