Northland Resources

It currently focuses on iron ore bearing properties located in the northern regions of Sweden and Finland.

It is located in Sweden and is expected to be a near-term producer of high-grade iron ore concentrate, consisting of 69% Fe.

Mining began in the first quarter of 2012, with the first shipment of iron ore concentrate to market in February 2013.

The operation is expected to yield 5 million tonnes per year of iron ore concentrate.

[2] Following the failure to place bonds and equity, the project and the whole company Northland Resources are expected to go bankrupt.