Nordic Mining faces NOK 50 million lawsuit from EPC contractor Nordic Bulk
Bitget2026/09/23 09:24- Nordic Mining faces legal proceedings after EPC contractor Nordic Bulk sued subsidiary Engebø Rutile and Garnet for about NOK 50 million.
- The subsidiary rejects the claim as partly unsubstantiated, withholding EPC payments pending defect rectification.
- The dispute is tied to equipment under the EPC contract failing to meet design performance, contributing to a slower-than-planned Engebø ramp-up.
- Operations at Engebø are expected to continue without impact during the case.
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