Deal ignites Scandinavian's share price

SCANDINAVIAN Resources has put its foot on an iron ore property in Sweden less than 3 kilometres from Europe’s largest iron mine after striking a deal with majors Anglo American and Rio Tinto for $US7 million ($A7.07 million).

Deal ignites Scandinavian's share price Deal ignites Scandinavian's share price Deal ignites Scandinavian's share price Deal ignites Scandinavian's share price Deal ignites Scandinavian's share price

The news has hit the right chord with investors, with shares in the group up more than 20% in early afternoon trade.

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