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

23 Dec 2024 21:20 CET

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".

More information:
Access the news on Oslo Bors NewsWeb site

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