The Norwegian metal producer Elkem has announced external investors for its battery materials subsidiary Vianode, which was founded last year. Norwegian aluminium producer Hydro and investor Altor will each take a 30 per cent stake in Vianode.
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The Norwegian government’s Green Platform initiative has approved around 100 million Norwegian kroner (about 9.8 million euros) to support the research project ‘Sustainable Materials for the Battery Value Chain’ to establish sustainable battery production in the country.
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The Norwegian metal producer Elkem has founded an independent subsidiary under the name Vianode for the development and production of anode materials for electric car batteries. There is already one potential major customer.
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The Norwegian company Freyr is planning a 32 GWh battery cell factory in Norway and has now signed a Memorandum of Understanding with Siemens Energy and Elkem each on the supply of cells and anode active materials.
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The Norwegian company Elkem has selected the Herøya Industrial Park as the site for a potential large-scale plant for battery material production. The Northern Recharge project aims to supply graphite as anode material in lithium-ion battery cells for electric cars.
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