Organisation

Nordic Iron Ore’s organisation and management team consists of three people for managing the initial phase of exploration and project development. The organisation is supported by a number of external consulting companies with sound experience from similar projects in Sweden. The results from the work of external consultants are reported regularly to the Board of Directors of Nordic Iron Ore.

Nordic Iron Ore intends to expand the organisation gradually as the need for in-house staff increases the further on project development progresses at the company. In the feasibility calculations, the company assumes that parts of the organisation, such as central administration and the concentration process, primarily will be managed in-house, while other parts such as mining and logistics mainly will be outsourced. In total, the organisation is expected to engage, directly or indirectly, 200- 250 persons.