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NIO: No revenue, increased net loss, and strategic project review mark Q2 2025, with focus on Blötberget

NIO: No revenue, increased net loss, and strategic project review mark Q2 2025, with focus on Blötberget

Nordic Iron Ore AbAugust 21, 20254
NIO: No revenue, increased net loss, and strategic project review mark Q2 2025, with focus on Blötberget

About this update from Nordic Iron Ore Ab

Q2 2025 saw no revenue, a net loss of SEK -5.9 million, and continued investment in exploration and feasibility for the Blötberget project. The strategic review led to a revised mining plan and ongoing efforts to improve project economics and environmental impact. Market conditions remain challenging, and future operations depend on securing permits and financing.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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