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Nordic Mining Announces first production of mineral concentrate at Engebø Rutile and Garnet

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Nordic Mining ASA (“Nordic Mining” or the “Company”) is pleased to announce that the first mineral concentrates were produced at the Engebø Rutile and Garnet Project while commissioning advances and production ramp-up commence.

Key milestones achieved according to plan during Q4 2024:

  • First ore to the primary crusher – Completed in September 2024
  • First ore to the milling and mineral separation circuits – Completed in November 2024
  • First mineral concentrates – Completed 23 December 2024

The operations at Engebø will focus on maintaining the quality of the mineral concentrates as the production is ramping up to designed operating rates over the next quarters and reach stable operations during 2025.

“First production of mineral concentrates at Engebø is a significant milestone for the Company, finalizing a project being in development stage for almost two decades, with aim to create new sustainable mineral industry in Norway and to supply strategic minerals to the market”, comments Ivar S. Fossum, CEO of Nordic Mining.

For further information, please contact CEO Ivar S. Fossum, telephone +47 930 96 850

Oslo, 23 December 2024
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 construction project at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. 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 high purity quartz.

Nordic Mining is listed on Oslo Børs with ticker symbol “NOM”.

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