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Sustainability can’t be left to politicians and scientists — business needs...

The annual Arctic Frontiers conference is set to take place next week in Tromsø, Norway, at a time when the region is attracting an increasing amount of international attention. To many, the Arctic is...

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Luleå Energi builds the county’s first battery park

The municipally owned Luleå Energi will build Norrbotten’s first battery park, an investment of SEK 73 million. The battery park is intended to be an important piece of the puzzle in the transition of...

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🇳🇴 New Report on the Norwegian data center industry

A newly published report indicates a bright future for the data center industry in Norway. The report has been published by the industry association “Norwegian Data Center Industry”. It reveals a...

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Freyr Battery Awarded NOK 8,8 Million

Just before Christmas, Freyr Battery was granted NOK 8.8 million from the Research Council of Norway. The money will go towards streamlining the production line at the test factory in Mo i Rana,...

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Decrease and development in Swedish steel industry

LULEÅ Swedish steel consumption decreased by 7 percent in 2023. At the same time, investments in the restructuring of the Swedish iron and steel industry continue.  26 januari 2024 kl 17:00  Updated:...

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Norway wealth fund posts record $213 billion profit, driven by tech stocks

OSLO (Reuters) –Norway‘s $1.6 trillion sovereign wealth fund, the world’s largest, reported a record profit of 2.22 trillion crowns ($213 billion) in 2023, driven by strong returns on its investments...

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🇮🇸 High-grade extension of Target Block confirmed at Nalunaq

(“Amaroq,” “Company” or the “Corporation”) ***New underground samples beyond the historically mined areas of Target Block, Nalunaq’s largest historic mining block, confirms continuation of high grade...

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Mobile Coverage in Antarctica – Operated From Svalbard

It is a historic event as Telenor opens the world’s southernmost base station in Antarctica, which will be operated from the world’s northernmost base station on Svalbard. Norsk versjon. The Norwegian...

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Compodium acquires video service in Norway

LULEÅ The Luleå company Compodium acquires the Norwegian company Confrere, which is a leading provider of video solutions for doctors and health care in Norway. For the past 18 months, Confrere has...

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No Shipments from Russia’s Arctic LNG 2 Until March as Sanctions Block...

US sanctions continue to delay the initial shipment of gas from Russian gas producer Novatek’s Arctic LNG 2 project. The lack of ice-capable carriers for liquefied natural gas has delayed the first...

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New Major Dividend From LKAB to the Swedish State of SEK 7.6 Billion

The Swedish mining company LKAB’s year-end report for 2023 shows the company’s profit is somewhat stable compared to 2022. However, the company specifies that developing the Iron Ore Line will be...

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VC funding in Denmark hits record with healthcare in focus

Venture capital investors put $1.4 billion into early stage companies in Denmark in 2023, an increase over the previous year and a positive outlier amid a fall in early stage investment in other...

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Martin Phillips appointed group CEO of Talga

Martin Phillips has been appointed CEO of Talga Group, the Australian company that will mine graphite in Vittangi, east of Kiruna, and manufacture battery anodes in Luleå. Martin Phillips has...

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KSAT — keeping an eye on the Arctic from space

 “The best way to explain what KSAT is and what we do is ‘we connect space and Earth’”, says Martin Skedsmo, Key Account Manager for the Norwegian Kongsberg Satellite Services AS (KSAT), one of the...

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SSC and LTU increase cooperation

LULEÅ The state-owned company Swedish Space Corporation, SSC, and Luleå University of Technology, LTU, have signed a strategic agreement that involves increased cooperation. The deeper cooperation...

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Baffinland, German firm explore low-carbon steel production in Nunavut

High-grade Nunavut iron ore called key to ROGESA’s plan to lower its emissions during manufacturing The territory’s largest private-sector employer and a German steelmaker are working together to...

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Follow us on LinkedIn!

To keep up with everything that’s happening in the Artic region— whether it’s about business, geopolitics, the economy or the environment — be sure to follow on us on LinkedIn by clicking on here. The...

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Regular container traffic to the Port of Piteå

  X-Press Feeders has restarted regular scheduled container traffic to the Port of Piteå in Norrbotten. Wallenius Sol has been operating in the same way to the neighboring port of Skellefteå in...

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Anders Borg new chairman of LKAB

Former Swedish finance minister Anders Borg (M) will be the new chairman of the state-owned mining company LKAB. He succeeds former Prime Minister Göran Persson (S), who will step down at this spring’s...

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Talga wants to boost Kiruna municipality

The global mining company Talga, which wants to mine graphite in Nunasvaara in Kiruna municipality, is writing to the government requesting a planning injunction so that Kiruna municipality can...

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