Several properties were evaluated in the process before this one was selected, as it not only meets the company’s current capacity needs but also provides the additional space that will be required in the coming years. The larger facilities enable, above all, the handling of the growing volume of drill cores from ongoing and planned exploration drilling programs, which is crucial for the continued development of Nordic Iron’s projects.

The new premises offer several advantages over the previous facilities.

They provide greater flexibility and better scalability, allowing for continued growth as the company’s projects and workforce expand. In addition, the new address is more favorably located in relation to Nordic Iron’s future mine site, situated behind the Björnmossen industrial area. The proximity to central Ludvika will also facilitate both internal and external logistics flows. The company believes that the new establishment will strengthen Nordic Iron’s position as an employer and create a significantly more attractive environment for future recruitment.

"The new premises are essential for continuing our operations and ensure that we have the space to handle not only staff and meetings, but above all an ever-growing volume of drill cores from exploration. We look forward to moving closer to Ludvika, closer to the planned mine site, and to providing a generally better working environment for all employees and consultants," says Ronne Hamerslag, CEO of Nordic Iron.

Nordic Iron looks forward to continuing its development from the new facilities. Additional information regarding the exact moving process and dates will be communicated continuously.