Håksberg is the third field that Nordic Iron Ore will process after Blötberget and the Väsman field. The mineralisations at the Håksberg field occur in four elongated parallel zones, from Iviken by Lake Väsman in the south to Källbotten in the north. The iron oxide minerals comprise approximately 80 per cent magnetite and 20 per cent hematite.
The indicated mineral resources at the Håksberg field down to the 350-metre level have been estimated at 25.4 million tonnes with an average iron content of 36.4 per cent. Below the 350-meter level, historical deep-hole drilling down to around 800 metres, suggests that the ore bodies continue to depth. Current mineral resource estimates indicate at least 11.6 million tonnes with an iron content of around 36.0 per cent, according to the JORC standard.