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Nordic Mining ASA (EN Oslo Børs:NOM): Operational update
11 May 2025 19:00 CEST
Issuer
Nordic Mining ASA
Nordic Mining ASA has notified The Barton Group that we are ready to make the
first commercial shipment of garnet to Barton's Rotterdam facility. Nordic
Mining has a five-year offtake agreement with Barton for the company's garnet
production.
As announced in the Operational Update on 30[th] March, the company experienced
challenges related to the design of the slurry pumps. The pumps have now been re
-designed, and the new capacity is being installed. Nordic Mining expects to see
the effect towards month-end and at the same time to start ramping up the
production of rutile.
Nordic Mining remains committed to reaching steady production at design capacity
for both rutile and garnet by the end of 2025.
Oslo, 11. May 2025
Nordic Mining ASA
Nordic Mining ASA ("Nordic Mining" or the "Company") (www.nordicmining.com) 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 Euronext Oslo Børs with ticker symbol "NOM".
More information:
Access the news on Oslo Bors NewsWeb site
Source
Nordic Mining ASA
Provider
Oslo Børs Newspoint
Company Name
NORDIC MINING
ISIN
NO0013162693
Symbol
NOM
Market
Euronext Oslo Børs