Brief: Vow Green Metals And Elkem Advance Cooperation

Vow Green Metals AS

19/10/2022 06:05

Oct 19 (Reuters) - Vow Green Metals AS  VGM.OL :
    * VOW GREEN METALS AND ELKEM ADVANCE THEIR COOPERATION TO
DEVELOP
BIOCARBON SUITED FOR METALLURGICAL PROCESSES
    * VOW GREEN METALS AS AND ELKEM ASA ARE ADVANCING THEIR
RELATIONSHIP BEYOND AN INITIAL LETTER OF INTENT
    * VOW GREEN METALS AS AND ELKEM ASA ENTERED AN AGREEMENT TO
COOPERATE ON FURTHER DEVELOPMENT AND SUPPLY OF BIOCARBON SUITED
FOR ELKEM'S ADVANCED METALS PROCESSES.
    * OBJECTIVE OF COOPERATION AGREEMENT IS TO DEVELOP A
COMPETITIVE
REDUCTION MATERIAL FOR METALLURGICAL INDUSTRY
    * PRODUCTION, WHICH WILL TAKE PLACE AT VOW GREEN METALS'
FACTORY
AT FOLLUM, WILL BE BASED ON FOREST WASTE AND OTHER SUSTAINABLE
FEEDSTOCK SOURCED IN NORWAY
    * AS PART OF AGREEMENT, PARTIES WILL COLLABORATE TO SECURE
DEVELOPMENT, QUALIFICATION AND TESTING OF BIOCARBON PRODUCT TO
ELKEM

Source text for Eikon:  ID:nObig6K0Ha 
Further company coverage:  VGM.OL 
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