03:05 AM EDT, 09/23/2026 (MT Newswires) -- Nyab (NYAB.ST) obtained a contract worth 1.6 billion kronor from Svenska kraftnät for the construction and commissioning of a new 400 kilovolt overhead power line in Norrbotten, Sweden. The grid expansion deal covers the second phase of the Letsi-Svartbyn collaboration project with Sweden's electricity transmission system authority, according to a Wednesday release. The Swedish construction company will begin work immediately, with completion scheduled in the second quarter of 2029.

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