sentences:  In December 1999 it sold its ownership to Varanger Kraft (who owed 63%) and the Sør-Varanger Municipality (37%).In 1999 Arctic Bulk Minerals bought the production equipment and wanted to attempt new mining activities in the mine, but the attempt failed and the assets were transferred back to Sydvaranger to pay for the debt.In 2006 the company was sold to Northern Iron Ltd, that reopened the mine in 2009.