Northland Resources S.A. announced that the company permanent storage building in Narvik is completed and operational. The building can store up to 210,000 tonnes of iron ore concentrate and is a vital part in the efficient loading of the company's product. The work to complete Northlands new terminal at Fagernes in Narvik, Norway, is progressing according to plan.

The work includes a jetty, buildings for unloading and storage, as well as new rail way tracks and a shiploader. The Fagernes Terminal is expected to be completed in the third quarter of 2013. During the interim period a temporary solution will be in place for the self-loading of Supramax vessels, in the range of 45-60,000 tonnes.