Resources and mines
The Dunderland Valley is known for its many iron oxide deposits. The horizons belong to a super group deposited in a submarine basin probably 1 billion years ago.
Rana Gruber controls five iron ore deposits. All deposits are located in Storforshei and Ørtfjell in the Dunderland Valley in Norway. In total, Rana Gruber operates more than 23 000 000 m2 (5 700 acres) with mineral rights.
The company possesses a vast resource base exceeding 444 million mt, which is expected to ensure production for the company for several decades.
Rana Gruber operates its own mines of iron ore deposits. The mines are located in Storforshei and Ørtfjell in the Dunderland Valley, which is located approximately 35 kilometers north-east of the city of Mo i Rana. The iron ore production takes place at the company’s iron ore deposits at Ørtfjell. Rana Gruber’s processing plant is also located near Mo i Rana, more precisely in Gullsmedvik, with direct access to the company’s own port and railway connection.