IN BRIEF: Beowulf Mining welcomes Swedish rail investment plans
Beowulf Mining PLC - exploration for iron ore, graphite, gold and base metals in Sweden, Finland and Kosovo - Wholly-owned Swedish subsidiary Jokkmokk Iron Mines AB welcomes recent announcements by the Swedish government confirming that the Inlandsbanan has been identified as a priority corridor for rail infrastructure investment. The proposed rail investment is directly relevant to Jokkmokk Iron's Kallak iron ore project, located around 40 km from the Inlandsbanan rail. Chief Executive Ed Bowie says: "It is positive to see the Swedish Government placing emphasis on the strategic and industrial importance of its critical infrastructure, in particular the Inlandsbanan, which we view as a key potential pathway for the transportation of Kallak's high quality iron ore product to market." Read More