Search on
News Title
News Details
Reports/Directory
Glossary
 
Title_head
Northland Resources gets green node for Narvik iron ore terminal
341 times viewed.
Saturday, 03 Dec 2011
EmailButton
Pdf_button

Northland Resources SA announced that the Narvik Municipality Planning Committee has granted the company a construction permit for the iron ore terminal at Fagernes in Narvik in Norway.

In August 2011, Northland signed an agreement with the Port of Narvik for the lease of the area necessary for the operation of an iron ore terminal, south of the city of Narvik. The terminal, which is expected to efficiently load vessels of up to 180,000 tonnes, will consist of a quay, an unloading facility for the railcars, a storage building and a ship loader.

Mr Shane Williams VP Projects at Northland said that "Following the decision by the Narvik Municipality Planning Committee, Northland will immediately begin construction."

Northland is a development stage mining company with a portfolio of iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara Project will exploit two magnetite iron ore deposits in Sweden. The process will yield a very high grade, high quality magnetite iron concentrate. The construction of the Kaunisvaara project is well underway and production is planned to start in the fourth quarter of 2012. Northland has entered into industrial off-take contracts which will last for 7 to 10 years for the entire production from Kaunisvaara. The Company is also preparing a Definitive Feasibility Study for the Hannukainen Iron Oxide Copper Gold Project in Kolari, northern Finland. The results of the study are expected to be released in the first quarter of 2012.

Expanded Metal by Anping County Huijin Wire Mesh Co., Ltd.
Galvanized Steel by Beijing Xinruilufeng Industry and Trade Co., Ltd.
Wire Mesh Manufacturers & Suppliers
Aluminium Sheets Manufacturers & Suppliers

jspl
Stemcor
More Raw Material News
 
Disclaimer|Copyright Policy|Privacy Policy|About us|Feedback|Contact us|FAQ|Site Map|Know about SteelGuru