The strikes, which brought work to a standstill this week in Kiruna and elsewhere, were called off after LKAB expressed a willingness to resume negotiations with the striking miners.
“The decision was easy when it became clear to us that both the employers’ association and the Metalworkers’ Union found that our final offer ran counter to the central agreement. We want to follow the rules of the game,” said LKAB’s personnel manager Mats Pettersson.
Negotiations are expected to resume on Thursday.
“We are calling around to the unions at the moment to see when they can meet,” said Pettersson.
The company’s spokesman estimates that the strike has cost the company 80 million kronor.