Dannemora and Hargs Hamn Conclude 10-year Contract-Shanghai Metals Market

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Dannemora and Hargs Hamn Conclude 10-year Contract

Industry News 09:48:53AM Jan 11, 2012 Source:SMM

* Reuters is not responsible for the content in this press release.

Dannemora Mineral has signed a ten-year contract with Hargs Hamn AB for the unloading of ore trains, storage of iron ore products and loading onto ships.

The agreement means that the port is investing in the necessary adaptation and upgrading for optimum handling of iron ore from Dannemora.

 The agreement also includes cooperation between the parties on gradually improving the efficiency and economy of the terminal services. 

"It is very satisfying that this agreement means we have now successfully resolved the last part of the iron ore handling from Dannemora to the port," says President and CEO Staffan Bennerdt. 

The Company is planning the resumption of operations in Dannemora in the second quarter of 2012 and also expects the first deliveries to be shipped then.

Read Press Release below

Press Release 10 January 2012

--------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Dannemora Mineral AB via Thomson Reuters ONE

 

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Dannemora and Hargs Hamn Conclude 10-year Contract

Industry News 09:48:53AM Jan 11, 2012 Source:SMM

* Reuters is not responsible for the content in this press release.

Dannemora Mineral has signed a ten-year contract with Hargs Hamn AB for the unloading of ore trains, storage of iron ore products and loading onto ships.

The agreement means that the port is investing in the necessary adaptation and upgrading for optimum handling of iron ore from Dannemora.

 The agreement also includes cooperation between the parties on gradually improving the efficiency and economy of the terminal services. 

"It is very satisfying that this agreement means we have now successfully resolved the last part of the iron ore handling from Dannemora to the port," says President and CEO Staffan Bennerdt. 

The Company is planning the resumption of operations in Dannemora in the second quarter of 2012 and also expects the first deliveries to be shipped then.

Read Press Release below

Press Release 10 January 2012

--------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Dannemora Mineral AB via Thomson Reuters ONE