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We are using modern technology to start mining in a sustainable manner - Nordic Iron Ore
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menu-item-type-post_type menu-item-object-page menu-item-170"><a href="https://nordicironore.se/en/contact-us/">Contact us</a></li> </ul> <div class="clearfix"></div> </div> </div> </div> </div> <div class="herospace herospace-subpage" style="background-image: url('https://nordicironore.se/wp-content/uploads/2022/09/boomer-l2-at-the-face-of-underground-mine.webp');"> <div class="herospace-gradient"> <div class="container"> <div class="row"> <div class="col-sm-12 col-md-9 col-lg-9"> <h1>We are using modern technology to start mining in a sustainable manner</h1> </div> </div> </div> </div> </div> <div class="container" style="margin-top: 30px;"> <div class="row visible-xs visible-sm hidden-lg"> <div class="col-xs-12"> <div class="breadcrumbs"><!-- Breadcrumb NavXT 7.3.1 --> <span property="itemListElement" typeof="ListItem"><a property="item" typeof="WebPage" title="Go to Nordic Iron Ore." href="https://nordicironore.se/en/" class="home"><span property="name">Hem</span></a><meta property="position" content="1"></span> | <span property="itemListElement" typeof="ListItem"><a property="item" typeof="WebPage" title="Go to We are using modern technology to start mining in a sustainable manner." href="https://nordicironore.se/en/about-us/" class="post post-page current-item"><span property="name">We are using modern technology to start mining in a sustainable manner</span></a><meta property="position" content="2"></span></div> </div> </div> <div class="row"> <div class="col-xs-12 col-lg-12"> <div class="ingress"> <p>Nordic Iron Ore is a mining company in the southern Dalarna region of Sweden whose main ambition is to resume mining operations at the previously operational mines Blötberget and Håksberg, and plans to expand to the intermediate Väsman field, which is considered to hold significant potential.</p> </div> </div> </div> <div class="row"> <div class="col-xs-12 col-sm-12 col-md-8"> <article id="post-47" class="post-47 page type-page status-publish hentry"> <div class="entry-content"> <p>The company has received all the necessary permits for the initial project in Blötberget and will be able to produce a high-grade iron ore concentrate. Nordic Iron Ore is well positioned in a market where demand for high-grade iron ore concentrate is increasing.</p> <h2>Vision</h2> <p>Nordic Iron Ore will be a major Swedish producer of high-grade iron ore products.</p> <h2>Business concept</h2> <p>Nordic Iron Ore’s business concept is to own iron ore deposits in the mining district known as Bergslagen either under its own auspices or with other operators, and to develop them into operational mines with sound long-term profitability that can supply high-grade products to steelworks in Europe and other parts of the world.</p> <h2>Strategy</h2> <ul> <li>Nordic Iron Ore aims to realise our business concept through:</li> <li>Exploring and developing high-grade iron ore deposits</li> <li>Creating an efficient, complete solution for mining, concentration and logistics</li> <li>Being an attractive business partner providing a high level of reliability of supply for selected customer segments, and having the ability to tailor products specifically to customers</li> <li>Producing and marketing a niche product with a very high iron content</li> </ul> <h2>Objectives</h2> <p>The company’s operational objectives are to:</p> <ul> <li>Resume mining operations at Blötberget and Håksberg, starting in Blötberget (where necessary permits are granted), and gradually expanding to an anticipated annual production of about 4 million tonnes of end product at full operation</li> <li>Substantially expand its mineral resources, primarily through continued exploration of the Väsman field</li> <li>Obtain the necessary permits for mining operations in the Väsman field</li> <li>Sign long-term customer contracts for its entire production volume.</li> </ul> <p>The company’s financial objectives are to achieve sustainable profit after financial expenses at a level that is at least on a par with the average for the industry within two years of the start of production.</p> <h2>Organization</h2> <p>Nordic Iron Ore intends to expand its organization gradually as the need for in-house staff increases and as project development progresses. The company continuously evaluates which parts should be managed in-house and what should be outsourced. In total, the organization is expected to, directly and indirectly, engage approximately 300 people.</p> <p>See <strong>Management</strong> och <strong>Board Of Directors</strong> under <a href="https://nordicironore.se/en/ir/corporate-governance/">Corporate governance</a></p> </div><!-- .entry-content --> </article><!-- #post-## --> </div> <div class="col-xs-12 col-sm-12 col-md-4"> <!--<div id="section-sub-menu" class="hidden-xs visible-sm hidden-md hidden-lg"> <div class="clearfix"></div> <ul id="menu-main-menu" class="desktop-submenu"><li id="menu-item-275" class="menu-item menu-item-type-post_type menu-item-object-page current-menu-item page_item page-item-47 current_page_item current-menu-ancestor current-menu-parent current_page_parent current_page_ancestor menu-item-has-children menu-item-275"><a href="https://nordicironore.se/en/about-us/" aria-current="page">We are using modern technology to start mining in a sustainable manner</a> <ul class="sub-menu"> <li id="menu-item-2327" class="menu-item menu-item-type-post_type menu-item-object-page current-menu-item page_item page-item-47 current_page_item menu-item-2327"><a href="https://nordicironore.se/en/about-us/" aria-current="page">We are using modern technology to start mining in a sustainable manner</a></li> <li id="menu-item-277" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-277"><a href="https://nordicironore.se/en/about-us/history/">History</a></li> <li id="menu-item-323" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-323"><a href="https://nordicironore.se/en/about-us/for-you-in-ludvika/">For you in Ludvika</a></li> <li id="menu-item-2433" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-2433"><a href="https://nordicironore.se/en/about-us/more-information/">More information</a></li> </ul> </li> <li id="menu-item-261" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-261"><a href="https://nordicironore.se/en/operations/">Nordic Iron Ore will produce a highgrade iron ore concentrate for green steelmaking</a> <ul class="sub-menu"> <li id="menu-item-288" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-288"><a href="https://nordicironore.se/en/operations/">Nordic Iron Ore will produce a highgrade iron ore concentrate for green steelmaking</a></li> <li id="menu-item-263" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-263"><a href="https://nordicironore.se/en/operations/blotberget/">Blötberget – resting on solid ground</a></li> <li id="menu-item-740" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-740"><a href="https://nordicironore.se/en/operations/the-vasman-field/">The Väsman field – a field with great potential</a></li> <li id="menu-item-266" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-266"><a href="https://nordicironore.se/en/operations/haksberg/">Håksberg</a></li> <li id="menu-item-1974" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-1974"><a href="https://nordicironore.se/en/operations/research-projects/">Research projects</a></li> </ul> </li> <li id="menu-item-251" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-251"><a href="https://nordicironore.se/en/ir/">Investors</a> <ul class="sub-menu"> <li id="menu-item-2357" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-2357"><a href="https://nordicironore.se/en/ir/">Investors</a></li> <li id="menu-item-253" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-253"><a href="https://nordicironore.se/en/ir/financial-reports/">Financial reports</a></li> <li id="menu-item-307" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-307"><a href="https://nordicironore.se/en/ir/presentations/">Presentations</a></li> <li id="menu-item-257" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-257"><a href="https://nordicironore.se/en/ir/calendar/">Calendar</a></li> <li id="menu-item-252" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-252"><a href="https://nordicironore.se/en/ir/corporate-governance/">Corporate governance</a></li> <li id="menu-item-1498" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-1498"><a href="https://nordicironore.se/en/ir/share-information/">Share information</a></li> <li id="menu-item-256" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-256"><a href="https://nordicironore.se/en/ir/ir-contact/">IR contact</a></li> <li id="menu-item-286" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-286"><a href="https://nordicironore.se/en/ir/press-material/">Press material</a></li> </ul> 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