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STOCKHOLM - Beowulf Mining Plc and its subsidiary Jokkmokk Iron Mines AB have provided an update on the Kallak Iron Ore Project in Sweden. The project, said to host one of Europe’s largest untapped iron ore deposits, is progressing towards the submission of an environmental permit application and the completion of a Pre-Feasibility Study (PFS).
In the past 18 months, the focus has been on engaging with local stakeholders, including landowners, residents, and Sámi communities, to address concerns and gather feedback. The company has also been advancing environmental work and technical studies necessary for the PFS, which covers metallurgical testing, transportation, and waste management.
The Kallak project, located near Swedish hydropower production centers, aims to supply iron ore concentrate to the green steel industry. Beowulf Mining’s CEO, Ed Bowie, and a newly assembled project delivery team are working to develop the project with minimal environmental impact. The team includes experts in various disciplines, such as community relations and environmental impact assessments.
Metallurgical testing has shown that the iron ore from Kallak can be upgraded to a high-grade magnetite concentrate without the use of chemicals. Waste management plans are being developed in accordance with Swedish and international standards. The company is also exploring transportation options, with a pipeline to transport magnetite concentrate currently being the preferred method due to its lower environmental impact.
The environmental permit application process is underway, with numerous workstreams contributing to the application. The company has collected baseline data and is completing additional assessments such as vibrations, noise, and dust impacts. The project’s location in a region critical to Sámi culture necessitates careful consideration of reindeer herding and local land use.
Beowulf Mining has recently been awarded the exploration license Kallak nr 102, which includes part of the Kallak South-North deposit. The license is valid from April 9, 2025, to April 9, 2028, and allows the company to continue exploration work in the area.
The company’s next steps include submitting the environmental permit application, completing the PFS, and conducting further technical and environmental studies. The Kallak project has been recognized by the Swedish Government as "of national interest" and could play a significant role in the decarbonization of the steel industry.
This article is based on a press release statement from Beowulf Mining Plc.
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