Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Elkem selects site for potential large-scale battery materials plant in Norway


News provided by

Elkem

19 Aug, 2020, 05:14 GMT

Share this article

Share toX

Share this article

Share toX

STOCKHOLM, Aug. 19, 2020 /PRNewswire/ -- Elkem today announces that it has selected Herøya Industrial Park as the site for a potential large-scale plant for battery graphite production in Norway. The project, named Northern Recharge, aims to supply the fast-growing battery industry through a competitive production process and make batteries greener with lower CO2 emissions.

Based on conclusions from the pilot, Elkem will evaluate the basis for competitive industrial production with its Northern Recharge project. The project has now selected Herøya Industrial Park, one of the biggest industrial parks in Norway, as the site for a potential large-scale plant.

"The production of battery materials represents one of Elkem's biggest growth opportunities. The demand for batteries is surging, as a result of the rapid growth of electrification in transport and increasing need for energy storage in a sustainable future. This requires new production capacity for battery materials, and we see significant opportunities for a specialised product with a green footprint," says CEO of Elkem, Michael Koenig.

Graphite is the leading anode material in lithium-ion battery cells and demand is expected to increase more than ten times from today's level to 2030. Elkem's Northern Recharge project aims to take a competitive position in this market, contribute to a strong European battery industry and build new Norwegian export industry based on renewable hydropower."It is a pleasure to announce that we have selected Herøya Industrial Park as the site for our Northern Recharge project. This enables us to build a highly cost-effective plant with good access to renewable energy, potentially lowering CO2 emissions by 90 percent compared to alternatives based on fossil energy. We also secure close proximity to our pilot plant and internationally leading research environments within material technology," says vice president for Elkem Battery Materials, Stian Madshus.

Elkem will progress the project towards a planned final investment decision in 2021. A large-scale plant can potentially create new, green industry jobs in Norway as well as positive ripple effects. Elkem will invite industrial and financial partners to participate in the project.

A positive investment decision requires competitive public support mechanisms and supportive government policies. Elkem will present the Northern Recharge project in Oslo today at the launch of the report "Green electrical value chains as an export opportunity" chaired by Arvid Moss, president of The Confederation of Norwegian Enterprise (NHO).

"Elkem's Northern Recharge project demonstrates the vast potential we have in Norway to take key positions in the battery value chain. However, other countries are also positioning to attract green investments. For Norway to realise our potential, we need to see public-private partnerships, public support mechanisms and supportive policies developing with sufficient speed and scale, enabling us to win in this global competition," says Moss.

Rechargeable batteries are used in a wide range of applications, from consumer electronics to electric vehicles and battery storage power stations. Graphite, as anode material, typically represents around 10 percent of the battery weight. In addition to the supply of battery materials, Elkem is a supplier of advanced silicone solutions for battery packs, protection of electronics and cable protection.

For further information:

Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47-976-72-806
Email: odd-geir.lyngstad@elkem.no

Hans Iver Odenrud
Corporate Communication Manager
Tel: +47-958-16-230
Email: hans.iver.odenrud@elkem.no

For more information about Elkem's work within battery materials, please visit the podcast Global Elkem or Elkem.com.

About Herøya Industrial Park

Herøya Industrial Park is one of the biggest industrial parks in Norway and is situated in the municipality of Porsgrunn in Telemark, 150 km south of Oslo and 170 km east of Kristiansand. With its strategic location on the coast in the far south of Norway, Herøya Industrial Park has fast, efficient links with Europe and the rest of the world. About 80 businesses with approximately 2.500 employees have established themselves at Herøya Industrial Park. They represent a wide range of sizes and sectors - from industrial and maintenance companies with many hundreds of employees to smaller start-ups with just a few employees.

About Elkem

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The company has more than 6,700 employees with 31 production sites and an extensive network of sales offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion. To learn more, please visit www.elkem.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/elkem/r/elkem-selects-site-for-potential-large-scale-battery-materials-plant-in-norway,c3170821

The following files are available for download:

https://mb.cision.com/Main/16930/3170821/1292729.pdf

Elkem's Northern Recharge - press release, selects site for potential large-scale battery materials plant in Norway

https://mb.cision.com/Public/16930/3170821/aede21aaf791904e.pdf

Elkem s Northern Recharge - value chain illustration

https://mb.cision.com/Public/16930/3170821/83dc47fc9a6c2357.pdf

Elkem s Northern Recharge - Grønne elektriske verdikjeder som eksportmulighet 190820

https://news.cision.com/elkem/i/arvid-moss-nho,c2812805

Arvid Moss NHO

https://news.cision.com/elkem/i/michael-koenig-elkem,c2812806

Michael Koenig Elkem

https://mb.cision.com/Public/16930/3170821/a74f8e31d3633112.pdf

Elkems Northern Recharge - pressemelding velger Herøya for mulig fullskala industriproduksjon

https://news.cision.com/elkem/i/elkem-s-northern-recharge---factory,c2812808

Elkem s Northern Recharge - factory

Modal title

Also from this source

Elkem ASA - Ex dividend NOK 0.30 today

The shares in Elkem ASA will be traded ex dividend of NOK 0.30 as of today, 2 May 2025. This information is subject to the disclosure requirements...

Elkem ASA - Minutes from the annual general meeting 2025

The annual general meeting of Elkem ASA was held on 30 April 2025 in Oslo. All proposals on the agenda were adopted, cf. the notice of the annual...

More Releases From This Source

Explore

General Manufacturing

General Manufacturing

General Manufacturing

General Manufacturing

Chemical

Chemical

Chemical

Chemical

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.