NORTHERN IRON LIMITED
N orthern Iron is an Australian Stock Exchange listed company and is the 100 percent owner of Sydvaranger Iron Ore operation in northern Norway . The Sydvaranger operations use worldclass mining , rail , processing and port assets to produce and export high quality iron ore concentrate to steel industry customers worldwide . Product from the operation currently contains iron ore content of approximately 68.2 percent and silica content of around 4.8 percent . Existing reserves offer a 20-plus-year mine life .
“ When we first started we were at something around 60 percent iron content . Now , we produce a very high quality , high purity iron ore in excess of 68 percent ,” says Antony Beckmand , CEO , Managing Director . “ That ’ s been one of our success stories , being able to turn around that quality . It ’ s been a unique product to bring to the market in terms of quality and purity — a premium grade product .”
Haul truck
198 July 2014