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Nordic Mining ASA

Business and Financial Review May 11, 2025

3678_rns_2025-05-11_1a5049cf-aad1-43f6-9f8f-1e328d2399af.pdf

Business and Financial Review

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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 fiveyear offtake agreement with Barton for the company's garnet production.

As announced in the Operational Update on 30th March, the company experienced challenges related to the design of the slurry pumps. The pumps have now been redesigned, 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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