Brief: Nordic Iron Ore's Application For Prolonged Work Time Granted

Nordic Iron Ore AB

14/10/2024 14:00

Oct 14 (Reuters) - Nordic Iron Ore AB  NIO.ST :
    * NORDIC IRON ORE'S APPLICATION FOR PROLONGED WORK TIME FOR
THE
WATER FACILITIES IS GRANTED
    * CO GRANTED PROLONGATION OF WORK TIME FOR WATER FACILITIES
UNTIL
MARCH 20, 2034 FOR MINES AT BLÖTBERGET AND HÅKSBERG
    * FINANCIAL SET OFF TO RECLAMATION FUND HAS NOW BEEN SET AT
APPROX. SEK 210M FROM PREVIOUS APPROX. SEK 53M
    * WE CAN CONTINUE ACCORDING TO OUR PLAN TO ACTIVATE PERMIT
AND
START CONSTRUCTION WORK IN Q4 OF 2025 - CEO

Source text for Eikon:  ID:nMFN4LPYhF 
Further company coverage:  NIO.ST 

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