08 Dec 2022 08:00 CET

Nordic Mining ASA ("Nordic Mining" or the "Company") is pleased to announce that
its wholly owned subsidiary Nordic Rutile AS ("Nordic Rutile") has entered into
an agreement with Metso Outotec, a leading supplier of sustainable end-to-end
technologies, solutions, and services for the minerals industry globally, for
delivery of a comprehensive comminution technology package for the Engebø Rutile
and Garnet project.

The technology package includes delivery of primary and secondary mills, stack
sizer and vibrating screens. The agreements include pre-production pilot scale
confirmatory testwork and minimum 3-year collaborative optimization agreement
focusing on securing ramp-up of production to design criteria and ongoing
optimization of the comminution circuit the first years of production. This is
the first major contract for critical process equipment and will represent up to
30% of the total process equipment expenditure.

Metso Outotec will be the main technology provider for comminution circuit for
Engebø Rutile and Garnet, which delivery includes the crushers as part of the
lump-sum Engineering, Procurement and Construction contract with Nordic Bulk AS.


"This is another important milestone for the Engebø Project. We are very pleased
to partner with Metso Outotec as technology provider for this vital process
equipment", says CEO Ivar S. Fossum.

"Engebø is the first green field industrial mineral production site developed in
Norway in almost 40 years. We are proud of being selected as a supplier and
partner in making this project successful", says Vice President, Sales and
Services Nordic in Metso Outotec, Roar Vasbø.

For further information, please contact Operations Director - Engebø Rutile and
Garnet, Kenneth Nakken Angedal, telephone +47 926 40 645 or Project Director,
Terje Gundersen, telephone +47 944 36 710.

Oslo, 8 December 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. 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".


577629_Release.pdf

Source

Nordic Mining ASA

Provider

Oslo Børs Newspoint

Company Name

NORDIC MINING

ISIN

NO0010317340, NO0013162693

Symbol

NOM

Market

Euronext Expand