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

  • Iberian Minerals Announces Details of Annual Meeting

    Iberian Minerals (TSXV:IML) reported results from its annual and special meeting held on August 27. All resolutions detailed in the notice of the meeting from July 23 were passed.

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  • Iron Ore Falls on Projected Surplus

    Bloomberg reported today that Iron Ore prices fell today on continued expectations for a surplus for the global seaborne market.

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  • New Cliffs CEO Anticipates Smooth Share Buyback

    Cliffs Natural Resources Inc. (NYSE:CLF) announced that its board of directors has authorized a $200-million share buyback program.

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  • Alderon Iron Ore Provides Update on Project Financing

    Alderon Iron Ore Corp. (TSX:ADV,NYSE MKT:AXX) and BNP Paribas have agreed to terminate the engagement of BNP Paribas as lead arranger of the senior debt financing facility for the construction of the Kami Project. Alderon has appointed Endeavour Financial Limited in order to act as its financial advisor in terms of the project financing process. It intends to form a club syndicate of international banks to provide the senior debt financing facility.

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