Cooperation with The Barton Group for Engebø garnet sales and project development
Nordic Mining ASA (“Nordic Mining”) has signed a Heads of Agreement with The Barton Group (“Barton”) related to offtake and commercial cooperation for garnet from the Engebø rutile and garnet project. Barton is a leading US garnet producer and distributor with a strong foothold, particularly in the North American markets. Over the years, Barton has played a leading role in developing the fast-growing application of waterjet cutting technology where garnet is the dominant mineral. Barton will be an industrial anchor investor in the pre-construction financing for the Engebø project and