Nordic Mining ASA: Nordic Mining wins court case against environmental NGOs

10 Nov 2025 17:09 CET

Reference is made to the stock exchange notice from Nordic Mining ASA ("Nordic
Mining") on 26 August 2025 regarding the NGOs Friends of the Earth Norway and
Nature and Youth's filing for injunction against Nordic Mining's subsidiary
Engebø Rutile and Garnet AS ("ERG") claiming that ERG's rutile and garnet mine
shall halt its operations.

The district court has as expected today ruled in favor of ERG concluding that
the conditions for an injunction is not met.

The operations at the mine continues as planned.

"We made the case that the environmental impact of the sea deposit is low. This
conclusion is based on numerous independent reports and surveys. We are pleased
that the court followed the science and not the NGOs' principled rejection of
sea deposits."

We are also pleased that the Norwegian government shows unwavering support for
the Engebø Rutile and Garnet Project recognising the geopolitical importance of
the project for Norway and Europe," says CEO Finn Ivar Marum in Nordic Mining.

Oslo, 10 November 2025

Nordic Mining ASA ("Nordic Mining" or the "Company") is a resource company with
focus on critical minerals. The Company is undertaking a large-scale industrial
development at Engebø on the west coast of Norway through its wholly owned
subsidiary, Engebø Rutile and Garnet AS, which has mining rights and permits to
a substantial eclogite deposit with rutile and garnet. In addition, the Group
holds a landowner agreement for exploration and development of a high purity
quartz deposit in the Kvinnherad Municipality in Norway and is currently
conducting a test work program where bulk samples from the deposit will be used
for pilot scale processing of high purity quartz product through a full cycle
process. Nordic Mining's project portfolio is of high international standards
and holds significant economic potential. The assets, and in particular the
wholly owned Engebø Project, provide a solid value basis for Nordic Mining's
shareholders. Nordic Mining is listed on Euronext Oslo Børs with ticker symbol
"NOM".

This stock exchange notice contains inside information pursuant to the EU Market
Abuse Regulation and is subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.

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