Final Agreement Signed with Hatch & Sweco as Project Management Consultant for the Engebø Project

Source: 12/19/2022, Location: Europe

Nordic Mining has, through its wholly owned subsidiary Nordic Rutile AS, signed the final agreement with the leading engineering companies Hatch and Sweco as Project Management Consultant ("PMC") for the Engebø Rutile and Garnet project (the "Project"). The PMC agreement is signed with Hatch as principal consultant, with Sweco supplementing key resources to support the Norwegian construction regulations. The PMC is integrated into the owners' team, reporting to the Engebø Project Director, Terje Gundersen, and will be responsible for process design, and overall engineering coordination and integration of the selected partners for Engineering, Procurement and Construction ("EPC").

The PMCs is, as part of the owners' team, instrumental in supporting the Project setting up all required systems and procedures for the project execution before and during the ongoing construction work. The PMC agreement, with specialized engineering professionals from Hatch and Sweco, is responsible for coordinating and overseeing the EPC contractors to ensure that their engineering is completed to the correct standards and in support of the project time lines. Engineering oversight of the EPC contractor designs and deliverables is a key requirement from the Owners Team, to ensure that engineering standards and specifications are met, the engineering is complete and accurate, and deliverables are issued and finalized according to project schedule.

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