Viscaria

Since the 1990s, global demand for copper has doubled, indicating renewed interest in the Viscaria mine’s assets. Previous exploration data suggested that the Kiruna deposit held 3 million tons of copper-bearing rock. Recent exploration drillings indicate that Viscaria contains 108 million tons of copper-bearing rock and is projected to produce approximately 26,000 tons of copper per year at full production. Domestic demand for locally produced copper in Europe is expected to rise. With the reopening of the Viscaria Mine, it has the potential to become one of the largest copper producers in Northern Europe.