Nordic Iron Ore AB and Epiroc Sweden have signed a letter of intent (MoU) regarding cooperation to develop the mining project in Blötberget.

Epiroc is a Swedish world-leading company in mining equipment and services. The company uses the latest technology to develop and produce innovative, safe and sustainable products and solutions for the mining industry.

- It is very positive that we have formalized the collaboration with such a reputable company as Epiroc. For us, it is very valuable to have a close collaboration when we design the mine in Blötberget, which will be a modern mine deploying the latest technologies, where high productivity and safety and long-term sustainability are very important factors, says Nordic Iron Ore's CEO Lennart Eliasson.

 - We are very much looking forward to continuing the close collaboration with Nordic Iron Ore and that we get the opportunity to offer the most sustainable and productive solutions for the mining project, says Lars Senf at Epiroc Sweden AB

About Nordic Iron Ore

Nordic Iron Ore AB is a mining development company that aims to resume and develop iron ore production at Ludvika Mines in Blötberget and Håksberg and to develop the intermediate Väsman iron field. The Company has all the necessary permits in place for the mine in Blötberget and will be able to produce iron ore of extremely high quality from significant mineral resources.

About Epiroc

Epiroc is a leading productivity partner for the mining, infrastructure and natural resource industries. Epiroc develops and manufactures innovative drilling rigs, quarrying and construction equipment with state-of-the-art technology and provides world-class service and consumables. The company was founded in Stockholm and has dedicated staff who help and collaborate with customers in more than 150 countries.

For further information please contact:

Lennart Eliasson Managing Director
phone: +46 70 640 5177

lennart.eliasson@nordicironore.se

https://news.cision.com/nordic-iron-ore/r/nordic-iron-ore-and-epiroc-sweden-ab-sign-mou,c3368556

https://mb.cision.com/Main/2831/3368556/1432924.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English