Logotype for Nordic Iron Ore

Nordic Iron Ore (NIO) investor relations material

Nordic Iron Ore Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Nordic Iron Ore
Q3 2025 earnings summary18 Nov, 2025

Executive summary

  • Focused on developing ultra high-grade, low-carbon iron ore in the Ludvika region, with Blötberget as the initial project and future plans for Väsman and Håksberg fields.

  • Entered an off-take agreement with Cargill Metals for up to 25 million tons of future production from Blötberget.

  • Ongoing pre-feasibility studies and expanded exploration aim to increase mineral resources and improve project profitability.

Financial highlights

  • Q3 sales were SEK 0 million (unchanged year-over-year); earnings after tax were SEK -3.3 million (vs. -1.6 million), mainly due to increased workforce.

  • Investments in Q3 reached SEK 13.2 million (vs. 0.3 million); for the first nine months, SEK 40.0 million (vs. 0.8 million), all related to exploration and feasibility studies.

  • Cash and cash equivalents at period end were SEK 65.0 million (vs. 114.4 million a year earlier).

  • Equity ratio at 93.77% (vs. 98.14%); equity per share SEK 3.81 (vs. 4.13).

  • Earnings per share for Q3 were SEK -0.05 (vs. -0.02); for nine months, SEK -0.23 (vs. -0.18).

Outlook and guidance

  • Pre-feasibility study is progressing, with completion targeted for early next year.

  • Focus remains on cost savings, increasing mineral resources, and securing future project financing.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Nordic Iron Ore earnings date

Logotype for Nordic Iron Ore
Q4 202520 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Nordic Iron Ore earnings date

Logotype for Nordic Iron Ore
Q4 202520 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Nordic Iron Ore AB is a mining and exploration company based in Sweden. The company focuses on the exploration, development, and mining of iron ore deposits in the Västerbergslagen district. It produces various forms of iron ore, including ore concentrate, sinter, pellets, and lump ore. Additionally, Nordic Iron Ore explores other minerals such as apatite, lanthanum, gold, and copper. The company's main operational areas include the Ludvika Mines, specifically Blötberget and Håksberg. Nordic Iron Ore AB is headquartered in Grängesberg, Sweden, and its shares are listed on the Stockholm Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage