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.

Iron Ore News

  • BHP CEO Defends Iron Ore Strategy

    The CEO of BHP Billion (ASX:BHP) said the company's strategy of high-volume iron ore production is the best way to make a profit in less than desirable market climes.

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  • Odisha Sees Iron Ore Output Falling 23 Percent

    Odisha, India's largest iron ore producing state, expects production to fall 23 percent to 60 million tonnes due to court shutdowns of mines.

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  • Champion Iron Partners Up to Advance Rail Feasibility

    Champion Iron Limited (TSX:CIA) announced that the Government of Québec and Lac Otelnuk Mining Ltd., a joint venture between Adriana Resources ("Adriana") and WISCO International Resources Development & Investment Limited, have formed a partnership for the advancement of a feasibility study for a new rail line in the Labrador Trough. The partnership is called "La Société ferroviaire du Nord québécois," or the SFNQ.

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  • Mexico’s War on Drugs Weighing on Iron-Ore Trade with China

    Mexico's exports of iron ore have dropped as authorities crackdown on iron ore shipments to China which have links to drug cartels.

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