Australian company moving into the big iron ore league in Sweden

Scandinavian Resources Ltd. (ASX:SCR) has now acquired the Ekstromsberg and Tjarrojakka iron ore projects, about 45 kilometres from Kiruna inside the Arctic Circle in northern Sweden which chairman Damien Hicks said adds 250 million tonnes of iron ore to the company’s portrfolio.

“It’s my opinion that SCR is now firmly entrenched in Europe’s number one iron mining district through its strategic land position and quality portfolio of iron resources,” he said.