Parliamentary committee supports the environmental permit for the Engebø project
In 2015, the Ministry of Climate and the Environment granted the environmental permit related to the Engebø rutile and garnet project. In 2016, the permit was reconfirmed by the King in Council.
Seven members of the parliament have submitted a proposal for new considerations regarding the Engebø project. The proposal has been considered in the parliament’s committee for energy and environmental matters. The recommendation to the parliament, dated 26 April 2018, from a majority of the committee is to reject the proposal. The majority members represent the political parties represented in the government and in addition representatives from the major opposition parties.
CEO Ivar S. Fossum comments: “The zoning plan and the environmental permit for the Engebø project are final without further possibility for appeal. Nordic Mining holds all rights and permits necessary for its current operations related to the project.”
For further information, please contact CEO Ivar S. Fossum, telephone +47-93096850.
Oslo, 27 April 2018
Nordic Mining ASA
Nordic Mining ASA (www.nordicmining.com)
Nordic Mining ASA ("Nordic Mining" or "the Company") is a resource company with focus on high-end industrial minerals and metals in Norway and internationally. The Company's project portfolio is of high international standard and holds a significant economic potential. The Company's assets are in the Nordic region.
Nordic Mining is undertaking a large-scale project development at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Permits for the project have been granted by the Norwegian government, and a prefeasibility study was completed in October 2017. Nordic Mining's associated company Keliber in Finland is in the process of completing its definitive feasibility study and preparing for production of lithium carbonate. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Norway. Further, the Company holds exploration rights at Reinfjord in northern Norway where a prospective area of sulphide mineralisation has been discovered. Nordic Mining is also exploring opportunities related to seabed mineral resources.
Nordic Mining is listed on Oslo Axess with ticker symbol "NOM".