Nordic Mining

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Nordic Mining ASA
TypeASA
IndustryMining
Founded23 February 2006 (2006-02-23)
FounderRocksource ASA
HeadquartersMunkedamsveien 45,
N-0250 Oslo
,
Norway
ProductsAu
Co
Cu
Li
Ni
Pt/Pd
Quartz
Rutile
WebsiteNordicMining.com

Nordic Mining ASA is a mining company in Norway. Focussing on exploration and production of high-end industrial minerals and metals, the company is primarily involved in rutile, quartz, and lithium. The company's shares are listed on Oslo Axess.

History[]

Originally an integrated part of Norwegian petroleum company Rocksource ASA, today's Nordic Mining ASA was de-merged and established as an independent public limited company on 23 February 2006, and received Rocksource ASA's assets and liabilities related to metals and minerals.[1] In September 2006, Nordic Mining ASA also acquired claims to the Engebøfjell rutile deposit from ConocoPhillips Investments Norge AS.[1]

In the Arctic Environmental Responsibility Index (AERI) Nordic Mining is ranked no. 42 out of 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.[2]

Information[]

Nordic Mining ASA is a Norwegian public limited company (allmennaksjeselskap), registered with VAT number NO 989 796 739 in the Norwegian Register of Business Enterprises.[3] Listed on the Oslo Stock Exchange market Oslo Axess since 14 September 2007,[4] Nordic Mining ASA shares have ticker symbol NOM.OAX and ISIN NO 001 031 7340.[5] They are also listed on the Nasdaq OMX market First North (ticker symbol: NOMo.ST) in Stockholm, Sweden.[6]

Subsidiaries and projects[]

Subsidiaries
Company Country VAT no.
Nordic Rutile AS (100 %) Norway NO 990 691 606
Nordic Quartz AS (100 %) Norway NO 996 814 025
Nordic Ocean Resources AS (80 %) Norway NO 996 814 114
Keliber Oy (c. 25%) Finland
Domestic projects
Name Location Region Metals/minerals Status R.
Engebø Engebø, Naustdal Western Norway Rutile (high-grade), Garnet Pre-feasibility (2015) [7]
Kvinnherad Nesodden, Kvinnherad Western Norway Quartz (high-purity) Scoping (2015) [8]
Øksfjord Reinfjord and Lokkarfjord, Øksfjord Northern Norway Cobalt, Copper, Gold, Nickel, Platinum/Palladium Exploration (2015) [9]
Subsea mineral resources Norwegian Exclusive Economic Zone (Norwegian Sea) Seabed minerals Positioning for licences (2015) [10]
International projects
Name Country Metals/minerals Status R.
Keliber Finland Lithium Pre-feasibility (2015) [11]

Engebø Project[]

See also: Engebø mine

The Engebø Project at Engebø in Naustdal, Sogn og Fjordane, is operated and fully owned by Nordic Mining ASA via Nordic Rutile AS.[7] The rutile deposit at Engebø is among the largest in the world. Engebø also contains almandine garnet. The project has an estimated production time of 50 years. In April 2015, The Ministry of Local Government and Modernisation approved the Engebø Project, parallelly with The Ministry of Climate and Environment granting a related discharge permit.[7]

Kvinnherad Project[]

The Kvinnherad Project at Nesodden in Kvinnherad, Hordaland (a neighbouring county of Sogn og Fjordane), is operated and fully owned by Nordic Mining ASA via Nordic Quartz AS.[8] Kvinnherad contains both normal and high-purity quartz.[12]

Øksfjord Peninsula Project[]

The Øksfjord Peninsula Project in Reinfjord and Lokkarfjord in Øksfjord, Finnmark – Finnmárku, is operated and fully owned directly by Nordic Mining ASA.[9] The project is located in the Seiland Igneous Province, known for several types of metals: nickel, copper, cobalt, platinum/palladium, and gold.[citation needed]

Subsea mineral resources[]

Nordic Ocean Resources AS is a subsidiary of Nordic Mining ASA (80 percent) and Ocean Miners AS (20 percent). The company co-operates with Norwegian petroleum company Statoil ASA and the Norwegian University of Science and Technology regarding subsea mineral resources.[10]

Keliber Oy[]

Keliber Oy (in Finnish) is a Finnish limited company operating lithium deposits in Kaustinen and Kokkola, Central Ostrobothnia.[13] Approximately 16.3 percent of Keliber Oy's shares are owned by Nordic Mining ASA.[11][14]

Alumina patent[]

In October 2015, Nordic Mining ASA and the Institute for Energy Technology were granted a patent, the so-called 'alumina patent', on a new technology, the so-called 'Aranda-Mastin process', for extraction of alumina from alternative mineral sources.[15]

Maps[]

References[]

  1. ^ Jump up to: a b c Nordic Mining ASA: History (in English) Retrieved on 29 September 2015.
  2. ^ Overland, I., Bourmistrov, A., Dale, B., Irlbacher‐Fox, S., Juraev, J., Podgaiskii, E., Stammler, F., Tsani, S., Vakulchuk, R. and Wilson, E.C. 2021. The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes. Business Strategy and the Environment. 30, 1623–1643. https://onlinelibrary.wiley.com/doi/10.1002/bse.2698
  3. ^ Jump up to: a b The Norwegian Register of Business Enterprises: NORDIC MINING ASA (in Norwegian) Retrieved on 29 September 2015.
  4. ^ Jump up to: a b The Oslo Stock Exchange: Public listing of Nordic Mining ASA at Oslo Axess (in English) Retrieved on 30 September 2015.
  5. ^ Jump up to: a b Nordic Mining ASA: Share information (in English) Retrieved on 29 September 2015.
  6. ^ Jump up to: a b Nasdaq OMX Nordic: NOMo, Nordic Mining, (NO0010317340) (in English) Retrieved on 30 September 2015.
  7. ^ Jump up to: a b c d Nordic Mining ASA: Engebø Rutile (in English) Retrieved on 29 September 2015.
  8. ^ Jump up to: a b c Nordic Mining ASA: Kvinnherad quartz (in English) Retrieved on 29 September 2015.
  9. ^ Jump up to: a b c Nordic Mining ASA: Øksfjord Peninsula (in English) Retrieved on 29 September 2015.
  10. ^ Jump up to: a b c Nordic Mining ASA: Nordic Ocean Resources (in English) Retrieved on 29 September 2015.
  11. ^ Jump up to: a b c Nordic Mining ASA: Keliber lithium (in English) Retrieved on 29 September 2015.
  12. ^ Jump up to: a b NRK: Jakter etter mineraler til flere milliarder 30 September 2015. (in Norwegian) Retrieved on 30 September 2015.
  13. ^ Jump up to: a b Keliber Oy: Keliber (in Finnish) Retrieved on 29 September 2015.
  14. ^ Jump up to: a b Nordic Mining ASA: Keliber lithium (in English) Retrieved on 9 June 2020.
  15. ^ Jump up to: a b Institute for Energy Technology: Joint press release: Patent application for new alumina technology approved 6 October 2015. (in English) Retrieved on 7 October 2015.

External links[]

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