09
Dec
00:00
Iron ore miner Northlands files for bankruptcy in Sweden
Luxembourg-headquartered iron ore miner Northland Resources has filed for bankruptcy after a two-month long struggle to raise funds following its October decision to halt production.
In a statement seen by Kallanish, the company says that its management team, including ceo Johan Balck, has now been relieved of its duties. The Swedish Luleå District Court has appointed Hans Andersson, from Swedish law firm Advokatbyrån Kaiding, as official receive…
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Anonymous
Very good overview of the weekly steel market.
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