Tacora Resources completed the acquisition of Sydvaranger Mining.

Tacora Resources, an iron ore mining and development company, completed the acquisition of Sydvaranger Mining, an iron ore mining and processing company. Financial terms were not disclosed. "With this acquisition, we bring together two responsible mining companies with capacity to produce an iron ore concentrate with characteristics very desirable to steelmakers. The Sydvaranger Mine builds upon our strategy to deliver high grade iron ore products to steelmakers globally allowing them to produce more steel per tonne of raw material input and therefore reduce their environmental footprint," Thierry Martel, Tacora President and CEO.