Nordic Mining ASA will present the Q1-2008 report together with updates on ongoing activities on Monday 2 June 2008 at 10:30. The presentation will be held in the company's office at Vika Atrium, Munkedamsveien 45 (Entrance A, 5th floor), N-0250 Oslo.

 

We invite investors, analysts and media to attend the presentation.

 

CEO Ivar S. Fossum and CFO Lars K. Grøndahl will give the presentation, followed by a Q&A session.

 

The Q1-2008 report will be published at the Oslo Stock Exchange and on Nordic Mining's homepage (www.nordicmining.com) the same day before the trade opens.

 

For further information, please contact:

CFO Lars K. Grøndahl

Telephone: +47 - 901 60 941

 

 

 

Nordic Mining ASA is a mining company focusing on high-end industrial minerals and metals with assets mainly in the Nordic region. The company has current production of anorthosite in Norway through its subsidiary Gudvangen Stein AS. Further, Nordic Mining has a large development project for rutile (titanium dioxide) at Engebøfjellet in Norway. Realization of the titanium feedstock project will make Nordic Mining one of the largest producers of rutile feedstock in the world, with reserves for more than 30 years of production. High quality garnet will be an additional valuable product from the Engebøfjellet project.

 

In January 2008, Nordic Mining entered into an agreement to acquire 68% in Keliber Oy; a Finnish company with permits and concessions to start mining and production of lithium carbonate in Finland. With estimated production start in 2010, Keliber will be the first European producer of lithium carbonate. The demand for lithium carbonate is expected to increase significantly, especially based on the demand from the fast-growing Li-ion battery segment. Closing of the Keliber transaction is planned in June 2008.

 

 

 

Oslo, 27 May 2008

Nordic Mining ASA