Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed for bankruptcy.
The restart marked exactly a century since the mine first went into production.
The company has signed an additional LOI with Export Development Canada worth $300 million.
The company can now move forward the construction and operation of the underground mine, which is expected to deliver 164,000 oz. of gold production annually.
