Nordic Mining ASA (DE:7NM0) has released an update.
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Nordic Mining ASA has reported a decrease in capitalized costs for Q2 2024 and continued progress on the Engebø Project, with no lost time injuries and successful recruitment for operations. A significant milestone was achieved with the second release of funds from the bond Escrow account, confirming the project’s on-track completion and funding. Additionally, Nordic Mining has announced a partnership with Barton Group for an exclusive offtake agreement for garnet production, strengthening its entry into the global market.
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