Nordic Mining is progressing construction works at Engebø
Nordic Mining ASA (“Nordic Mining” or the “Company”) reports on good progress on construction works at Engebø initiated in April 2022, following acquisition of the main properties, giving immediate access to the process plant area.
The construction works is undertaken by EPC1, Sunnfjord Industripartner AS (“SIPA”), under the lump-sum EPC (“Engineering, Procurement and Construction”) contract signed in November 2021. In total 1,300 meters of construction road has been constructed. This will allow transportation of soil and stone up to a mass deposit, which has been set up at Stommelshaugane.
1Road construction up to Sommelshaugane
2 Deposit at Sommelshaugane
Buildings and constructions from previous industrial activity at the process plant area has been removed. Forest, mainly Sitka spruce, has been cleared from the area immediate to the construction road and the tunnel portal. Levelling of the lower process plant area is almost complete and rerouting of the high voltage line makes it possible to start with construction and blasting works.
3 Rerouting of high voltage power line and clearing tunnel portal area
4 Levelling of lower part of the process plant area
Progress has been made on the Detail Engineering by the EPCs under the lump-sum EPC contracts.
The early works will continue until the planned completion of the project financing for the Engebø Rutile and Garnet Project.
For further information, please contact CEO Ivar Fossum, telephone +47 930 96 850 or Project Director, Terje Gundersen, telephone +47 944 36 710.
Oslo, 8 July 2022
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 12.0% 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 Oslo with ticker symbol “NOM”.
