Nordic Iron Ore AbOMXSTO: NIO

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

· Issued by 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.

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