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

  • Cliffs Natural Resources Inc. Starts Restructuring Process on Bloom Lake Mine

    Cliffs Natural Resources Inc. (NYSE: CLF) announced the Bloom Lake General Partner Limited and certain of its affiliates have started restructuring proceedings in Montreal, Quebec, under the Companies' Creditors Arrangement Act.

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  • Goa Mining Operations Remain Unattractive Despite Lifting of Ban

    Mining Weekly reported that even though the ban on iron ore mining in the western Indian province of Goa has been lifted, the resumption of mining operations remains insignificant due to falling prices and the Indian government’s refusal to lower export taxes.

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  • Iron Ore Price Drops to Five-year Low

    Australian Mining reported that the iron ore price has sunk below US$65 per tonne for the first time since 2009. The metal has now lost 10 percent of its value since January 1, 2015.

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  • Cliffs to Cut Quarterly Dividend to Save Cash

    Cliffs Natural Resources Inc. (NYSE:CLF) announced that during Q4 2014 and the start of January 2015, it lowered its debt by more than $400 million.

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Video: The Greatest Recycling Story on Earth

northern Iron Corp Corporate Presentation

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