Brief: Vow Green Metals Total Non-Current Assets As Of 30 September At NOK 134 Million

Vow Green Metals AS

31/10/2022 06:06

Oct 31 (Reuters) - Vow Green Metals AS  VGM.OL :
    * VOW GREEN METALS: Q3 2022: PIPELINE OF POTENTIAL PROJECTS
GROWS
    * TOTAL NON-CURRENT ASSETS AS OF 30 SEPTEMBER WAS NOK 134
MILLION
AND CONSISTS OF PROCESS EQUIPMENT DELIVERED FOR FOLLUM PLAN AND
CASH
    * PHASE 1 AT FOLLUM IS FULLY FINANCED, WITH NOK 68 MILLION
IN CASH
AND REMAINING NOK 42 MILLION GRANT FROM ENOVA
    * IS CURRENTLY WORKING ON CONCEPT STUDIES WITH A COMBINED
TOTAL
ANNUAL PRODUCTION CAPACITY OF 470 000 TONS BIOCARBON

Source text for Eikon:  ID:nObi05ybMa 
Further company coverage:  VGM.OL 
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