Production Update

Average recovery from the sorting plant in the Dannemora mine has increased by
at least 3 percentage points and is currently at a stable level of around 40
percent.
Following investments in the sorting plant at the beginning of June, the average
weekly recovery has reached, respectively, 39, 45, 44, 38 and 41 percent. These
results indicate that the investment has had the intended effect, and that it
has resulted in increased recovery of at least 3 percent and increased
production capacity of approximately 5 percent.

The results also indicate that the analysis of the sorting plant process is a
relevant issue, which is a useful starting point for planning the next stage of
investments. The commissioning of, and adjustments to, the process are
progressing well and may yield further improvements in recovery.

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The installation of the two new separator stages and the installation of an ore
bin in front of a crusher for optimised crushing resulted in a short stop in
production at the beginning of June.
For further information, please contact:
Ralf Nordén, President and  CEO
Telephone 46 709374891
ralf.norden@dannemoramineral.se
Dannemora Mineral AB is a mining and exploration company of which the primary
activity is mining operations in the Dannemora iron ore mine. The Company also
engages in exploration activities to increase the iron ore base locally and
regionally in several areas in Uppland where the potential for finding mineable
deposits is considered good.

Dannemora Mineral comprises the Parent Company Dannemora Mineral AB and the
wholly owned subsidiaries Dannemora Magnetit AB (responsible for operation of
the Dannemora mine and the Group’s exploration activities) and Dannemora
Förvaltnings AB (responsible for the property portfolio) and Dannemora Iron Ore
Development AB, where parts of the company’s future exploration will be
operated.

The Company’s most important asset is the iron deposit in the Dannemora Mine,
and activity is focused mainly on the mining of this deposit at present.

The Company is listed on NASDAQ OMX First North, Stockholm, and Oslo Axess. The
Company's Certified Adviser on First North is Remium AB.

The Company's independent qualified person is mining engineer Thomas Lindholm,
Geovista AB, Luleå. Lindholm is qualified as a Competent Person as defined in
the JORC Code based on education and experience in exploration, mining and
estimation of mineral resources of iron, base and precious metals.