First iron ore shipment leaves for Salzgitter

| Source: Dannemora Mineral AB Dannemora Mineral AB 

                 First iron ore shipment leaves for Salzgitter

On Thursday, MS Transosprey left the port of Hargshamn with the first load of
ore after the reopening of the Dannemora iron ore mine. The cargo, comprising
17,000 tonnes of iron ore, will be unloaded in Hamburg for further
transportation to Salzgitter Flachstahl's steelworks.

"The homogenisation store at Hargshamn is now up and running, ore deliveries are
underway and operations are starting to generate sales revenue," says CEO
Staffan Bennerdt.

The planned crude ore capacity at the sorting plant has now been achieved, while
fine-tuning of the process equipment is still in progress. The annual rate of
production will gradually be increased to one million tonnes during 2012.

The Press Release can be downloaded from the link below:


[HUG#1622807]

Attachments