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Beskrivning
| Land | Norge |
|---|---|
| Lista | OAX Equities |
| Sektor | Råvaror |
| Industri | Gruvdrift & metaller |
2023-08-23 10:19:56
Nordic Mining ASA ("Nordic Mining" or the "Company") is pleased to announce that
the Company, through its wholly-owned subsidiary Engebø Rutile and Garnet AS,
has entered into a Memorandum of Understanding ("MoU") with Saferock AS
("Saferock"). The MoU is for a joint product development project on
applicability of residual mineral streams from Nordic Mining's Engebø Rutile and
Garnet project in production of cement binders.
Saferock is a Norwegian technology company developing a product that may reduce
carbon emissions from the concrete industry and utilize residual minerals from
the mining industry. Where regular concrete is made from carbon-intensive
cement, aggregate and water, Saferock uses mine tailings, aggregate and
activators to make concrete.
"The cooperation with Saferock is one of several initiatives that over time will
be taken to search for opportunities to utilize residual mineral waste streams
from Engebø in new value chains", comments Ivar S. Fossum, CEO of Nordic Mining.
"We are pleased to have a cooperation with Nordic Mining, and we are looking
forward to explore the possibility of using their residual mineral waste stream
to produce cement-free concrete", comments Espen Lea, CEO of Saferock.
For further information, please contact CEO Ivar S. Fossum, telephone +47 930
96 850.
Oslo, 23 August 2023
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 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.
Nordic Mining is listed on Euronext Expand with ticker symbol "NOM".