Updates from Keliber

Hannu Hautala, the new CEO of Keliber Oy, will commence in his duties on 16 March 2020. Pertti Lamberg will continue working for the company until the end of April.

Keliber has submitted the Environmental Impact Assessment Report ("EIA Report") of the Kokkola lithium chemical plant to the authorities. The EIA report covers the heat treatment and hydrometallurgical processing of the spodumene concentrate up to the final packaging and shipping.

Keliber’s full announcements are available at https://www.keliber.fi/en/investors/news-releases-and-publications/.

Nordic Mining ASA holds an investment of 18.5% in Keliber.


Oslo, 9 March 2020
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 18.5% 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 Oslo Axess with ticker symbol “NOM”.