The Ruoutevare Iron Deposit is one of the largest known unexploited
iron ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...
deposits in
Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...
.
Located in
Kvikkjokk
Kvikkjokk () is a small village situated in Jokkmokk Municipality, Norrbotten County, Sweden. It is located 120 km northwest of Jokkmokk. Several hiking trails start in Kvikkjokk. Kungsleden passes through the village and it is a popular st ...
in
Norrbotten County
Norrbotten County ( sv, Norrbottens län; se, Norrbottena leatna, fi, Norrbottenin lääni) is the northernmost county or '' län'' of Sweden. It is also the largest county by land area, almost a quarter of Sweden's total area. It shares border ...
,
Lapland
Lapland may refer to:
Places
*Lapland or Sápmi, an ethno-cultural region stretching over northern Fennoscandia (parts of Norway, Sweden, Finland, and Russia)
**Lapland (Finland) (''Lappi''/''Lappland''), a Finnish region
*** Lapland (former pr ...
,
the deposit was discovered in the early 1970s by the
Geological Survey of Sweden and found to have between 116 and 123 million tonnes of
iron ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...
. In 2008
Beowulf Mining
Beowulf Mining plc is a UK registered Nordic focused exploration and development company listed on the AIM in London and Spotlight in Sweden. The CEO is Kurt Budge. The company was formed in 1988 as Beowulf Gold. Through subsidiaries Jokkmokk I ...
announced a maiden
JORC
There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, developed by the CRIRSCO - Committee for Mineral Reserves International ...
compliant resource estimate for Ruoutevare with an inferred mineral resource estimate of 140 million tonnes of
iron ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...
at a grade of 39.1%, with 5.7%
titanium
Titanium is a chemical element with the symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resistant to corrosion in ...
and 0.2%
Vanadium
Vanadium is a chemical element with the symbol V and atomic number 23. It is a hard, silvery-grey, malleable transition metal. The elemental metal is rarely found in nature, but once isolated artificially, the formation of an oxide layer ( pas ...
.
An independent conceptual study in 2010 by the
Raw Materials Group
Raw is an adjective usually describing:
* Raw materials, basic materials from which products are manufactured or made
* Raw food, uncooked food
Raw or RAW may also refer to:
Computing and electronics
* .RAW, a proprietary mass spectrometry data ...
confirmed the deposit could be commercially exploited, mining 10 million tonnes of ore per year. Subsequent ground magnetic studies have revealed the possibility of significant increases to the quantity of iron ore at Ruoutevare, with the resource possibly containing up to 250 million tonnes of iron ore at grades of approximately 40%.
References
External links
Official website
{{DEFAULTSORT:Ruoutevare mine
Iron mines in Sweden
Norrbotten County