Golder Associates has been conducting a feasibility study for Nordic Iron Ore for about a year about the conditions for the restart of the mine in Blötberget. The plan previously communicated by the company stated that the study would be reported during the second quarter of 2019.

Golder project director Henning Holmström explains –

“The study is extensive and has largely been implemented according to plan, but just like other advanced studies and projects, events that are difficult to plan for, which have affected and partially shifted the timetable for the project as a whole occur. Most things have been handled and the study is almost complete, but in the final phase of the work, the planning of the concentrator has been somewhat delayed, which is the main reason for the delay. However, Golder plans to complete the study towards the end of July or early in early August 2019.” 

The delay is regrettable but, however, the delay is not expected to have any significant negative consequences for the company and its operations according to Nordic Iron Ore's CEO Lennart Eliasson.