A model of Kiruna town, in the Swedish Arctic, shows the expected expansion of the iron-ore mine on the town’s outskirts. Undaunted by falling iron-ore prices, a Swedish company will start dismantling and moving the historic Arctic town of Kiruna this month to make way for the expansion of Europe’s biggest iron-ore mine. The northernmost town in Sweden, famed for its ice hotel and red wooden church – and voted the country’s most beautiful building – is restraining the expansion of State-owned LKAB’s mine, once the backbone of Scandinavia’s industrialisation. The town is to be moved 3 km away at a cost of more than $2-billion, notwithstanding the two-thirds slump in the iron-ore price in the last two years.