Engebø updated Feasibility Study nearing finalization
The updated Definitive Feasibility Study for the Engebø Rutile and Garnet project has taken longer than planned, partially attributed to the Covid-pandemic and other external events. The results of the study will be presented late-April/early-May.
For questions, please contact CEO Ivar S. Fossum, telephone +47 93096850.
Oslo, 16 April 2021
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. The Company’s project portfolio is of high international standard and holds 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. Nordic Mining also holds 16.3% of the shares in Keliber Oy, which is developing a lithium project in Finland to become the first European producer of battery grade lithium hydroxide.
In addition, Nordic Mining holds interests in other initiatives at various stages of development. This includes patented rights for a new technology for production of alumina and exploration of seabed minerals.
Nordic Mining is listed on Euronext Expand with ticker symbol “NOM”.