NIDHOGG RESOURCES HOLDING AB
NNGM:NIDHOG0.40
SEK
+0.01
(+2.56%)
NIDHOGG RESOURCES HOLDING AB
NGM:NIDHOG
(Nordic Growth Market)
Recent
price
0.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Nidhogg Resources Holding AB is a Sweden-based mineral exploration and development company focused on acquiring, exploring, and advancing strategic deposits of critical raw materials, high-grade iron ore, and industrial metals in the Nordic region. Founded in 2012 and headquartered in Stockholm, Sweden, the company operates within the metals and mining sector, targeting European industrial supply chains and the emerging fossil-free steel sector. The company's core business activities and services comprise mineral exploration, resource evaluation, and deposit development; diamond core drilling, geological mapping, and geochemical assaying; high-grade magnetite and hematite iron ore exploration; manganese and critical raw materials prospecting; metallurgical test work and process optimization; environmental assessment and mining concession permitting; and the evaluation and reprocessing feasibility of historical mine dumps and tailings. Its primary property portfolio is located in the Bergslagen mining district in central Sweden, anchored by the Tuna-Hästberg iron and manganese project and the Vintjärn-Kölen iron ore project. In recent developments, Nidhogg Resources Holding AB has expanded its operational footprint through the acquisition and grant of additional exploration permits across Dalarna, Sweden, while advancing technical studies across its core projects. The company has entered into strategic cooperation initiatives and preliminary testing agreements focused on evaluating its iron concentrates for use in green steel manufacturing, hydrogen direct reduction, and bio-coal applications. Additionally, Nidhogg Resources Holding AB has completed targeted capital raises, private placements, and rights issues to finance ongoing exploration campaigns, diamond drilling programs, and metallurgical testing at its key mineral assets.