The Ruoutevare Iron Deposit is one of the largest known unexploited iron ore deposits in Sweden. Located in Kvikkjokk in Norrbotten County, Lapland, the deposit was discovered in the early 1970s by the Geological Survey of Sweden and found to have between 116 and 123 million tonnes of iron ore. In 2008 Beowulf Mining announced a maiden JORC compliant resource estimate for Ruoutevare with an inferred mineral resource estimate of 140 million tonnes of iron ore at a grade of 39.1%, with 5.7% titanium and 0.2% Vanadium.
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