19 Dec 2022 08:00 CET

Nordic Mining has, through its wholly owned subsidiary Nordic Rutile AS, signed
the final agreement with the leading engineering companies Hatch and Sweco as
Project Management Consultant ("PMC") for the Engebø Rutile and Garnet project
(the "Project"). The PMC agreement is signed with Hatch as principal consultant,
with Sweco supplementing key resources to support the Norwegian construction
regulations. The PMC is integrated into the owners' team, reporting to the
Engebø Project Director, Terje Gundersen, and will be responsible for process
design, and overall engineering coordination and integration of the selected
partners for Engineering, Procurement and Construction ("EPC").

The PMCs is, as part of the owners' team, instrumental in supporting the Project
setting up all required systems and procedures for the project execution before
and during the ongoing construction work. The PMC agreement, with specialized
engineering professionals from Hatch and Sweco, is responsible for coordinating
and overseeing the EPC contractors to ensure that their engineering is completed
to the correct standards and in support of the project time lines. Engineering
oversight of the EPC contractor designs and deliverables is a key requirement
from the Owners Team, to ensure that engineering standards and specifications
are met, the engineering is complete and accurate, and deliverables are issued
and finalized according to project schedule.

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, 19 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".


578519_Release.pdf

Source

Nordic Mining ASA

Provider

Oslo Børs Newspoint

Company Name

NORDIC MINING

ISIN

NO0010317340, NO0013162693

Symbol

NOM

Market

Euronext Expand