Hitachi Energy in Ludvika has signed a cooperation agreement with the Swedish company Blykalla.
The agreement aims to launch small modular reactors in Europe and the USA.
Blykalla is based in Stockholm while Hitachi Energy is a global company with operations in Ludvika.
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The government has signed agreements on state support and co-ownership in Videberg Kraft to build three new reactors at Ringhals. The state will take 60 percent ownership in the company.
Hitachi Energy in Ludvika has been awarded an order for two converter stations valued at approximately 8.5 billion kronor.
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Hitachi Energy is expanding its operations in Ludvika, prompting a significant increase in heavy rail transports. Representatives from the company, Trafikverket, and several municipalities recently met at bangården Hagen to address future transport challenges. CEO Tobias Hansson is convinced a solution is within reach.
Utility Enercity from Hannover plans to build a virtual power plant together with British firm Kraken. Media reported the news exclusively on June 4, 2026.
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LKAB has received a new environmental permit for its operations in Malmberget. The permit covers both existing mining activities and plans for a demonstration plant producing iron sponge as part of the HYBRIT project.
Sibanye-Stillwater's Keliber lithium project in Finland has entered production after three years of construction costing over €780 million. The site produces Europe's first domestic battery-grade lithium hydroxide for electric vehicle batteries. CEO Richard Stewart highlighted the company's strategic focus on battery metals during a presentation in Helsinki on April 20, 2026.
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Egyptian Prime Minister Mostafa Madbouly met Rosatom Director General Alexey Likhachev to review progress on the El Dabaa Nuclear Power Plant and explore expanded bilateral cooperation. The meeting included Electricity Minister Mahmoud Esmat and Nuclear Power Plants Authority Chairperson Sherif Helmy. Both sides reaffirmed commitment to the timeline and ongoing coordination.