Nordic Mining
Nordic Mining ASA is a mining company in Norway. Focussing on exploration and production of industrial minerals and metals, the company is primarily involved in rutile, quartz, and lithium. The company's shares are listed on Oslo Axess.
 | |
| Type | ASA |
|---|---|
| Industry | Mining |
| Founded | 23 February 2006 |
| Founder | Rocksource ASA |
| Headquarters | Munkedamsveien 45, , |
| Products | Au Co Cu Li Ni Pt/Pd Quartz Rutile |
| Website | NordicMining.com |
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. 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
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.
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]
References
- Nordic Mining ASA: History (in English) Retrieved on 29 September 2015.
- 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
- The Norwegian Register of Business Enterprises: NORDIC MINING ASA (in Norwegian) Retrieved on 29 September 2015.
- The Oslo Stock Exchange: Public listing of Nordic Mining ASA at Oslo Axess (in English) Retrieved on 30 September 2015.
- Nasdaq OMX Nordic: NOMo, Nordic Mining, (NO0010317340) (in English) Retrieved on 30 September 2015.
- Nordic Mining ASA: Engebø Rutile (in English) Retrieved on 29 September 2015.
- Nordic Mining ASA: Kvinnherad quartz (in English) Retrieved on 29 September 2015.
- Nordic Mining ASA: Øksfjord Peninsula (in English) Retrieved on 29 September 2015.
- Nordic Mining ASA: Nordic Ocean Resources (in English) Retrieved on 29 September 2015.
- Nordic Mining ASA: Keliber lithium (in English) Retrieved on 29 September 2015.
- NRK: Jakter etter mineraler til flere milliarder 30 September 2015. (in Norwegian) Retrieved on 30 September 2015.
- Keliber Oy: Keliber (in Finnish) Retrieved on 29 September 2015.
- Nordic Mining ASA: Keliber lithium (in English) Retrieved on 9 June 2020.
- 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
- Nordic Mining ASA (in English)