Northern Iron Corp

Northern Iron Corp.

Re-starting a past producing iron-ore mine and forging a future built on hot briqueted iron

Northern Iron Corp. (NFE.V) is a Canadian junior exploration company publicly traded on the Venture Exchange. The company is focused on developing high quality iron ore opportunities in the Red Lake Mining Division of Ontario, Canada in order to produce merchant Hot Briquetted Iron (HBI) for the export market.

HBI is a value added ore based metallic product with guaranteed specifications that is used as a supplement to scrap in the steel making process.

The use of HBI allows steelmakers with Electric Arc Furnaces to produce grades of steel not possible with scrap charges alone.

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Iron Ore News

West African Iron Ore Arranges $2 Million Financing Agreement
West African Iron Ore Corp. (TSXV:WAI) arranged a $2 million unsecured convertible debenture financing agreement with Sky Alliance Resources Inc. (SARI), a privately owned, international mining and consulting firm based in Hong Kong and registered in the British Virgin Islands.
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Iran to Impose Iron Ore Export Duty
Reuters reported that Iran is planning to tax iron ore exports at a rate of 40 percent to take advantage of a jump in sales to China.
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Canadian International Minerals Approves Meeting Resolutions and Reprices Stock Options
Canadian International Minerals Inc. (TSXV:CIN) approved all items tabled at its Annual General and Special Meeting held on May 17, 2013. Michael Schuss, Tor Bruland, Garth Evans, J. Casey Forward, and Christopher Verrico were elected as directors, and Mackay LLP were appointed as auditors. A 2013 stock option plan was approved, and so was a special resolution of disinterested shareholder approving the repricing of stock options held by insiders of the Company. The Company also repriced certain stock options.
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Swedish Iron Ore Going Strong
Swedish state-owned LKAB has enough confidence in the longterm prospects of iron ore to move 18,000 people to make way for a huge underground iron mine expansion.
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Video: The Greatest Recycling Story on Earth

Part 1: The Backbone...

Part 2: Hot Briquetted...

Part 3: Ironclad opp...

Company Related Articles

Arctic Race Displaces Swedish City as Hurdles Bulld...

Source : Bloomberg

By Niklas Magnusson & Johan Carlstrom - May 21, 2013 3:01 PM PT The iron mine of LKAB stands in Kiruna. As digging deeper shifts the ground, the town must move now. Swedes living in the Arc...

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Automakers Spur $3 Billion Boom for Made-in-Mexico S...

Source : Bloomberg

Mexico's auto production has almost doubled since 2009. Now its steel industry is trying to catch up by spending almost $3 billion on new and improved factories. “Auto exports are going t...

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Location, Location, Location: Northern Iron’s Addres...

Source : Minesite.com

By Ryan Jackson in Vancouver What are the most important factors an investor should look at when evaluating a junior miner moving towards production? Clearly the potential of the mineral resource...

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voestalpine constructing direct reduction plant in T...

Source : voestlpine website

The decision on the location of the voestalpine Group’s direct reduction plant in North America has been made. The plant will be constructed on the La Quinta Trade Gateway in San Patricio County...

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