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Nordic Iron Ore pens US$3.4B offtake agreement with Cargill

The agreement is the focal component of a strategic collaboration between the pair

Georgia Williams
Once complete, Blötberget will earmark 1.6Mt annually for Cargill. Photo Nordic Iron Ore

Once complete, Blötberget will earmark 1.6Mt annually for Cargill. Photo Nordic Iron Ore

Produced from Nordic's Blötberget mine in Dalarna, Sweden, the deal has a value of US$3.4 billion (SK35B) and is expected to last 15 years. The agreement is the focal component of a strategic collaboration...

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