Brief: Nordic Iron Ore Signs LOI With Hitachi Energy

Nordic Iron Ore AB

14/12/2022 09:50

Dec 14 (Reuters) - Nordic Iron Ore AB  NIO.ST :
    * NORDIC IRON ORE AB SIGNS LOI WITH HITACHI ENERGY TO SECURE
ELECTRICAL POWER STATION TO BLÖTBERGET
    * COMPANIES WILL INITIATE EXCLUSIVE NEGOTIATIONS REGARDING A
SOLUTION CALLED ELECTRIFICATION AS A SERVICE FOR 50/12KV SYSTEM
    * ARRANGEMENT WOULD ALSO INCLUDE AN OPTION FOR A BATTERY
STORAGE
WHICH WOULD STABILIZE POWER OUTPUT FROM STATION
    * IS EVALUATING DIFFERENT POSSIBILITIES TO SECURE SUPPLY OF
ELECTRICITY TO BLÖTBERGET

Source text for Eikon:  ID:nMFN1Zxtrf 
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