Nordic Mining has, through its wholly owned subsidiary Nordic Rutile AS, appointed Terje Gundersen as Project Director for the Engebø Rutile and Garnet Project (the "Project") in Sunnfjord in western Norway.

Mr. Gundersen has extensive experience as Project Director executing large scale oil and gas and infrastructure projects for Aibel and Sweco. Gundersen will manage the integrated Engebø owners' team and will have the overall responsibility for the delivery and execution of the project from detail engineering, through construction and into commissioning of operations. Gundersen is currently working as Project Director in Sweco and is part of the Project Management Consultant organization in Sweco working on the Project.

CEO Ivar S. Fossum comments: "I am pleased to welcome Terje to our team. He has highly relevant experiences for the planned execution strategy and realization of the Engebø Rutile and Garnet Project".

Gundersen starts as Project Director on 1 February 2021.

Kenneth Nakken Angedal, who has had the position as Project Manager for the Project since August 2018, will take the position as Operations Director, Engebø, and will continue in the Nordic Mining Group management team reporting to the CEO. Mr. Angedal will support the Project Director during a transition period and will focus on building up the organization and systems to be ready for start of operations scheduled in 2024. 

For further information please contact CEO Ivar S. Fossum, telephone +47 93096850.

Oslo, 8 November 2021
Nordic Mining ASA

Nordic Mining ASA (www.nordicmining.com)

Nordic Mining ASA ("Nordic Mining" or the "Company") 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 project development at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Nordic Mining also holds 12.7% of the shares in Keliber Oy, which is developing a lithium project in Finland to become the first European 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.

Nordic Mining is listed on Euronext Expand Oslo with ticker symbol "NOM".

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