Nordic Mining raised rutile production 74% to 2,190 tonnes in the third quarter of 2026, in line with its updated plan. Garnet output rose 10% to 11,161 tonnes, about 20% ahead of target, and engineering firm Hatch is helping stabilise the plant.
At a glance
- The company milled 311,122 tonnes of ore, up 7% from the previous quarter.
- Local protests caused minor disruptions in October, but the plant remains operational.
- Full third-quarter results are due on November 3, 2026.
Background
Rutile is a natural titanium mineral used to make titanium dioxide pigment and titanium metal. Garnet is sold as an industrial abrasive for blasting and water-jet cutting. Nordic Mining is still ramping up its mine and processing plant.
What happened
Nordic Mining milled 311,122 tonnes of ore in the third quarter, 7% more than the previous quarter, according to a company announcement reported by TipRanks. Rutile production rose 74% to 2,190 tonnes, in line with its updated plan, and garnet production rose 10% to 11,161 tonnes, about 20% ahead of target.
The ramp-up
To keep improving, Nordic Mining has engaged a dedicated ramp-up team from engineering firm Hatch. The team will work on stabilising plant feed and optimising grinding and processing at the company's wet and dry plants.
Operations in October have had minor disruptions because of local protests, but the plant remains operational, the company said.
What comes next
Nordic Mining will publish its full third-quarter results on November 3, 2026.
Our read
Outlook: neutral. Nordic Mining is a small rutile producer, and its ramp-up does not move titanium mineral prices.
What to watch
- Full third-quarter results on November 3.
- Whether October's protest disruptions affect output.
- Progress of the Hatch ramp-up team.
For information only, not investment advice.
Detailed analysis
Timeline
- 2026-10: Nordic Mining reports third-quarter production.
- 2026-11-03: Full third-quarter results are due.
Mining Production
Rutile output rose 74% and garnet 10% in the third quarter as the plant ramped up.
What could lift prices
- Garnet output beat its target by about 20%.
- Ore milled rose 7% from the previous quarter.
What could weigh on prices
- Local protests caused minor disruptions in October.
Country impact
| Country | Impact | Reason |
|---|---|---|
| Norway | Low | A Norwegian rutile and garnet operation is ramping up. |
Industry impact
| Industry | Effect | Reason |
|---|---|---|
| Critical Minerals Mining | Positive | Rutile supply from Europe is growing. |
Who gains, who loses
- Nordic Mining: Its output is rising quarter on quarter.
Other ways this could play out
- If the ramp-up continues, output should keep rising into 2027.
- If protests escalate, production could be disrupted.
Price risks
- Titanium mineral prices affect the company's revenue.
- Ramp-up problems are common at new plants.
