Assets & operations

Nickel


Nickel Mountain Resources AB is a wholly owned subsidiary of IGE Resources AB. Nickel Mountain's focus is the development of the 100% owned Rönnbäcken nickel sulphide deposit, located in Northern Sweden.

 

Nickel Mountain's objective is to produce 26,000 tonnes per year of nickel from Rönnbäcken, 760 tonnes of cobalt in concentrate based on an annual feed throughput of 30 million tonnes, and approx. 1,6 million tonnes per year of a 66 %+ magnetite iron ore (concentrate by-product) for the international markets.

Nickel Mountain's long-term objective is to become a leading mid-tier nickel and magnetite producer capitalising on opportunities both within the Nordic and other regions globally.

 

The Preliminary Economic Assessment of the Rönnbäcken project was published in November 2011 and provides promising results. 

 

- US$502 million value increase to the Rönnbäcken Nickel Project together with a 25% cash cost reduction provided by high-grade magnetite iron concentrate by-product. More info

 

- Sundsberget nickel deposit at the Rönnbäcken Nickel Project increased 60% to 297 million tonnes and upgraded to Indicated category. More info

 

- Rönnbäcken Nickel Project: 97% of resource now in Measured and Indicated category, totalling 668 million tonnes. More info

 

 

For more information, please visit Nickel Mountain Resources AB

 

 

 

UPDATED PRESENTATION ON NICKEL MOUNTAIN (31 January 2012)

Download

 

 

UPDATED PRELIMINARY ECONOMIC ASSESSMENT FOR THE RÖNNBÄCKEN NICKEL PROJECT (05 Des 2011)

Download

 

 

SEDAR - Nickel Mountain Resources AB (publ)

Download

 



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(Click on image to see bigger version)

 

 


Rönnbäcken is situated in the mountain range of northern Sweden, about 25 km to the south of the village Tärnaby, Västerbotten County.

 


 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IGE Resources AB Kungsgatan 44, SE-111 35 Stockholm, Sweden, Phone +46 (0)8 402 28 00, Fax +46 (0)8 402 28 01, E-mail info@ige.se