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Nordic Mining ASA

Earnings Release May 11, 2025

3678_rns_2025-05-11_d9ba9d12-d0bf-44cb-863e-578efc69fa36.html

Earnings Release

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Nordic Mining ASA (EN Oslo Børs:NOM): Operational update

Nordic Mining ASA (EN Oslo Børs:NOM): Operational update

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".

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