Grängesberg Iron AB

Matti Sundberg joins the Board

June 7th, 2011

Grängesberg Iron AB welcomes Mining Counsellor Matti Sundberg as a Director of the Board. Matti Sundberg was in March elected as a Director of the Board in Grängesberg Iron AB. Among his other board assignments are Director of the Board of Boliden, SSAB Svenskt Stål (Swedish Steel), Skanska, and Chairman of the Board of Chempolis Oy. Among his earlier assignments are Regional Director of Scania AB, CEO and Board Member of Valmet, Metso and Ovako Steel.

Matti Sundberg takes the chair previously held by Pekka Perä, who leaves the Board and enters an Advisory Board, newly created by Grängesberg Iron and shortly to be fully announced. “The strength and experience of the Board of Directors and the Advisory Board of Grängesberg Iron is of great importance for the company, which currently is working on finishing the Pre-Feasibility Study for the re-opening of the Grängesberg mine”, says Gösta Bergman, Chairman of the Board of Directors of Grängesberg Iron AB.