Sydvaranger was the company that operated the Bjørnevatn Mine in Kirkenes, Norway between the start in 1906 until 1996. Since then the company has mainly been concerned with cleaning up the industrial areas and business development. The company also owned Bidjovagge Mine og Rana Mine at Storforshei in Nordland.
Sydvaranger Mining Company was a Norwegian mining company that operated in the northernmost region of Norway, in the town of Kirkenes. The company was established in 1906, and operated until it was closed down in 2002.
The company's main focus was on iron ore mining, which was used for steel production. The company operated a large open-pit mine, and had a workforce of around 1,500 employees. The mine was located in the town of Bjørnevatn, and the ore was transported to the port of Kirkenes for export.
The ore was of high quality, and the company was able to produce up to 5 million tonnes of iron ore per year. This made it one of the largest producers of iron ore in Europe. The company also had a number of subsidiary companies, such as a smelting plant, a power plant, and a shipping company.
The company was important for the local economy, and provided jobs for many people in the region. It also attracted many international investors, and the company was listed on the Oslo Stock Exchange in the 1970s.
However, the company began to struggle in the 1990s, due to a decrease in demand for iron ore and increased competition from other producers. The company was eventually forced to close in 2002, and the mine was abandoned.
Today, the area around the mine is a tourist attraction, and the company's buildings and artifacts are preserved as a reminder of its past. The company also left a lasting legacy in the region, as it provided much-needed employment and investment.