Lump sum EPC contracts signed for Engebø construction
Nordic Mining has, through its wholly owned subsidiary Nordic Rutile AS, signed lump sum contracts for the Engineering, Procurement and Construction (EPC) for the Engebø Rutile and Garnet project (the “Project”). Three contracts have been signed with the following selected partners: · Sunnfjord Industripartner AS (“EPC1”) · Åsen & Øvrelid AS (“EPC2”) · Nordic Bulk AS (“EPC3”) The EPC contracts a is a formalization of the Letters of Intent signed between the parties in June 2021 and comprise a lump sum price for the agreed scope of work agreed in the contracts. Nordic Bulk’s