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Some of the statements made in this document contain forward-looking statements. To the extent permitted by law, no representation or warranty is given, and nothing in this document or any other information made available during the oral presentation should be relied upon as a promise or representation as to the future condition of Nordic Mining's business.
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Agenda
Introduction
Engebø Rutile and Garnet
Keliber - Lithium
Nordic Ocean Resources (NORA)
Financial update
Q & A
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Sustainable production of high-end industrial minerals
Rutile (Titanium dioxide)
Environmentally friendly pigment
Air cleaning surface materials
Aircrafts and aerospace
Health applications
Garnet
Health and environmentally friendly cutting and blasting material
Lithium
Batteries for electric vehicles and renewable energy storage
R&D - Alumina
Patented technology for green alumina production with integrated CO2 consumption
Engebø Rutile
(TiO2) and Garnet
(100%)
Keliber Oy
Lithium
(16.3%)
Nordic Ocean Resources (NORA)
Seabed minerals
(100%)
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Valuable assets nearing construction
Engebø - Rutile and Garnet (100%)
Post-taxNPV@ 8% of USD 344m and IRR 20%
Payback <5 years from start of production
Life of Mine of 42 years, with substantial resources for future extension
All major permits granted
Heads of Agreement for rutile offtake and financing with Japanese trading house
Favorable location, jurisdiction and infrastructure
Keliber - Lithium (16.3%)
Post-taxIRR 22%
Payback ~5 years from start of production
First European producer of lithium hydroxide
Forecasted cost leader in 2025 by Roskill
Favorable location, jurisdiction and infrastructure
Engebø Rutile
(TiO2) and Garnet
(100%)
Keliber Oy
Lithium
(16.3%)
Source: Project numbers from Engebø DFS January 2020 and Keliber Oy Progress Report Q3 2020
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Nordic Mining ASA published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 December 2021 00:08:09 UTC.
Nordic Mining ASA is a Norway-based resource company with integrated operations in exploration, extraction and production of high-end minerals and metals. Nordic Mining undertakes project development at Engeboe on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. The Group presents revenues based on its mineral projects with Titanium and Garnet as an operating segment. The Companyâs assets are in the Nordic region Nordic Mining also holds shares in Keliber Oy, which develops a lithium project in Finland to become producer of battery grade lithium hydroxide. 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 seabed minerals.