Ramp-up and operational update at Engebø Rutile and Garnet - On track, with improvements expected during Q2
Oslo, Norway - March 13, 2026. Nordic Mining ASA ("Nordic Mining" or the "Company") today provides an operational and ramp-up update from Engebø Rutile and Garnet ("ERG"), including progress made since the launch of the improvement plan in January and the key priorities for reaching steady-state production.
The update, available in video format, features CEO Finn Ivar Marum and ERG Managing Director Andrew Templeman and is available on the Company's website: https://nordicmining.com/operational-upda.ramp-up -progress/ (https://nordicmining.com/operational-update-from-engebo-ramp-up -progress/)
Nordic Mining continues to advance through the ramp-up phase. Since January, several technical and operational initiatives have been implemented, with early effects now becoming visible, particularly in the wet plant. In February, an independent third-party validation confirmed that the processing plant can operate at full design capacity.
· Over the past weeks and months, our work has focused on executing the ramp-up in a systematic and controlled manner. We still have challenges to resolve, but the direction is clear, and improvements are progressing step by step. Our priority now is stabilizing performance to enable optimization for ramp-up and steady state production at design capacity by year-end, says Finn Ivar Marum, CEO of Nordic Mining.
Highlights
· Structured ramp-up plan progressing, with clear priorities for both wet and dry plant · Steady-state production at design capacity by year-end remains the target · Technical adjustments underway across circuits, combined with strengthened operational routines and training · Team of technical and operational experts onsite to support the execution of the ramp up plan · Process and logistics setup continues to support efficient operations as stabilization improves
Overall, the plan initiated in January is beginning to deliver results, with the main operational gains expected through Q2 as remaining bottlenecks are addressed.
Key operational focus areas
· Wet plant improvements: Adjustments to water management and process control have improved water quality, supporting lower number of downtime events and higher throughput. Additional effects are expected during Q2 · Rutile circuit: Optimization depends on stable dry-plant performance. This remains a key focus area, supported by external rutile-processing expertise now being brought in · WHIMS circuits: Magnetic separators are being tuned and adjusted for increased capacity and more stable output
The Company will publish a production update on April 13 and present its Q1 results on May 12.
About Nordic Mining Nordic Mining ASA ("Nordic Mining" or the "Company"), listed on Euronext Oslo Børs, 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.
For more information, please visit www.nordicmining.com.