With new owners and strong local commitment we have restarted the iron ore mine in Pajala. Our ambition is to build operations and work with a long term and sustainable approach. To us, that means a mining industry that keeps its roots in the community, creates value for Norrbotten and contributes to social development in Pajala, at the same time as we achieve a strong position on the world market.
Our aim is for annual production equivalent to 2,000,000 tonnes of the finished product. Known quantities of mineralised material in the deposits amount to roughly 130 million tonnes with an average iron content of 34 per cent, and there is considerable growth potential.
Current trends favour us. There is interest in both higher productivity and improved environmental standards in steel manufacturing. Here, iron ore products with a high iron content become important in the process. Our unique iron ore concentrate with its quality and environmental advantages has already shown itself to be in big demand among the world’s steelworks.