Nordic Mining and Japanese trading house advance their agreement regarding offtake of rutile from Engebø
In January 2019 Nordic Mining ASA (the "Company") signed a Heads of Agreement with a reputable Japanese trading house (the “Trading House”) for offtake of rutile and participation in the financing for the Engebø project. The parties have today signed a term sheet for offtake of rutile, which subject to the entering into of the final offtake agreement, will secure sales for the majority of the annual production of rutile for the first five years of production. The parties will start the process of finalizing the final offtake agreement, which will be negotiated in parallel with