Reference is made to the stock exchange notice 17 June 2026 regarding the
Supreme Court's ruling in the dispute between the NGOs Friends of the Earth
Norway (Naturvernforbundet) / Nature and Youth (Natur og Ungdom) and the
Norwegian state.
Nordic Mining ASA ("Nordic Mining" or "The Company") notes that the Ministry of
Climate and Environment is upholding The Company's discharge permit while it
carries out a renewed assessment of the permit in both the short and long term.
The decision helps secure a predictable framework for the company's operations
at Engebø while the authorities consider the questions raised following the
Supreme Court ruling. Nordic Mining continues to cooperate constructively with
the relevant authorities and to provide the necessary documentation in the
process going forward.
The Ministry of Climate and Environment will consider the application from
Nordic Mining's subsidiary Engebø Rutile and Garnet for a temporary discharge
permit under the Pollution Control Act. The Ministry has made clear that
deposition can continue while the application is being processed. The
application will be sent out for public consultation, and the Ministry has said
that the case will be handled as quickly as possible.
"We greatly appreciate the support the State has shown us over time, and we are
pleased that the authorities have found a solution that secures an orderly and
predictable process going forward. This provides a basis for continued operation
while the administration carries out its assessments, and it gives greater
predictability for the 135 employees who work at Engebø. We have confidence that
the case will be considered thoroughly and in accordance with applicable
regulations. The decision confirms the need for critical and strategic minerals
and recognises our operation's geopolitical significance for Norway and Europe,"
says Finn Ivar Marum, CEO of Nordic Mining.
Press release from the Ministry:
"The Government considers the Engebø project to be important both for Norway and
for Europe. The EU has a large deficit of titanium feedstock and is entirely
dependent on imports. The Engebø mountain contains one of the world's largest
known deposits of the titanium feedstock rutile. In Europe, Norway and Ukraine
are the only countries with such resources of any significance."
For further details, find the full press release form the government here:
https://www.regjeringen.no/no/aktuelt/engebo-saken/id3167979/
About Nordic Mining
Nordic Mining ASA ("Nordic Mining" or the "Company"), listed on Euronext Oslo
Børs, is a resource company focused on critical minerals. The Company is
currently in the ramp-up phase at Engebø on the west coast of Norway, the first
greenfield mine established in Norway in 40 years. Through its wholly owned
subsidiary Engebø Rutile and Garnet AS ("ERG"), Nordic Mining holds the mining
rights and required permits for a significant mineral deposit estimated to
support a 39-year life of mine, positioning the Company as one of very few
natural rutile producers globally and the only garnet producer in Europe. In
addition, the Group holds a landowner agreement for a high-purity quartz deposit
in the Kvinnherad Municipality in Norway, where test results confirm world-class
quality. Nordic Mining is now progressing the project toward regulatory
approval. With significant growth opportunities beyond current operations at
Engebø, Nordic Mining's portfolio is of high international standards and
provides a solid long -term value basis for its shareholders.
For more information, please visit www.nordicmining.com
its shareholders.\
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For more information\, please visit www.nordicmining.com\