Nordic Iron Ore


Nordic Iron Ore

Copperstone holds a significant interest in Nordic Iron Ore AB (”NIO”); a convertible bond at nominal value 7.1 MSEK, maturing at June 2020, with an annual interest of 5.5% per year. In addition, Copperstone holds almost 10% of the shares of NIO. NIO is an advanced pre-mining premium grade iron ore project in Ludvika, Sweden. All relevant permissions are in place and the planned logistical solution to harbour facilities at Oxelösund is considered favourable.

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The Copperstone Project

Arvidsjaur Kommun, Sweden