Nordic Iron Ore posts PFS for Blotberget/Vasmanfaltet project with post-tax NPV8% of US$325.4 million
Reuters2026/08/19 16:28- Nordic Iron released a pre-feasibility study for the Blötberget/Väsmanfältet iron ore project near Ludvika, Sweden.
- Post-tax NPV at an 8% discount rate of USD 325.4 million; post-tax IRR 15.6%; payback period 6.2 years.
- Mine plan models a 23-year life; average mill feed 4.8 Mtpa; average iron ore concentrate output 2.2 Mtpa.
- Pre-production capital estimated at USD 446.6 million; sustaining capital USD 49.5 million; C1 cash cost USD 63.5 per tonne.
- Ore reserves at Blötberget rose 63% versus the 2019 DFS to 56 Mt; total mineral resources across both areas 105 Mt.
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