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From October 1992, the only coin in use in Sweden with a value below 1 kronor was the 50 öre coin. [2] On 18 December 2008, the Swedish Riksbank announced a recommendation to the Swedish government to phase out the final öre coin by 2010. [3] The coin ceased to be minted on 25 March 2009 [4] and ceased to be legal tender after 30 September 2010.
The Norwegian 10-øre coin was deprecated on 23 February 1992 and ceased to be legal tender in 1993. From then on, the only Norwegian coin in use with a value below NOK 1 was the 50-øre coin, which was also deprecated on 1 May 2012. The original value were the 1, 2, 5, 10, 25, and 50-øre coins.
Grängesbergsbolaget had during a long period the world's largest iron-ore fleet [clarification needed] and by 1899–1900 was it Sweden's most profitable company [clarification needed]. During this time Grängesberg grew very fast, and during a 10-year period the town's population increased threefold. Today Spendrups is Grängesberg's biggest ...
For reasons related to ore processing the ore in Kiruna Mine is divided into two quality types based on chemistry, phosphorus-poor B-ore and phosphorus-rich D-ore, the latter being more common closer to the surface. [11] Within the orebody, there is a volume of hematite ore with the same strike (direction) as the main orebody. [15]
The silver coins retained the .750 fineness of the preceding issues, causing the 10 öre coin to weigh just 0.85 grams. From 1858, the Rikes Ständers Bank issued banknotes for 1, 5, 10, 50, 100, 500 and 1000 riksdaler riksmynt. Production of these notes was taken over by Sveriges Riksbank in 1869, with the notes issued until 1873.
The Dannemora mine (Dannemora gruvor) at Dannemora in Uppsala County, Sweden was once one of the most important iron ore mines in Sweden. The mine was closed by its owners SSAB in 1992. It may have been open since the 13th century, but the first documentary reference was in 1481. [1]
Kiruna iron ore mine in Kiruna, Norrbotten County. The mining industry in Sweden has a history dating back 6,000 years. [citation needed]Historically, Sweden's most famous mine is the copper Falun Mine in Dalarna, which made a significant contribution to the Swedish economy for several centuries.
The mining of iron ore in Sweden is a huge industry and is centred mainly in northern Sweden. The country holds 60% of Europe's identified iron ore deposits and is as of 2021 responsible for 90% of Europe's iron ore extraction [1] and 5% of the world's reserves in 2014.