Freyr Board approves first battery cell factory
The Freyr Board has approved the Norwegian company to build the first battery cell factory in Rana, Norway, for production to start in the first half of 2024. Called Giga Arctic, the plant has been designed for an annual capacity of 29 GWh, according to the plan now approved.
Norway invests in sustainable battery production
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.
Freyr signs several supply agreements
Norwegian battery company Freyr has signed nine framework agreements with suppliers of battery materials for its CQP production line under construction in Mo i Rana. Four remaining framework agreements are in the final stages of negotiation.
Freyr & Aleees launch LFP joint venture
The Norwegian battery company Freyr and Aleees, a Taiwanese manufacturer of LFP cathode materials, have agreed to establish a joint venture. The planned joint venture is to build an LFP cathode factory in the Nordic region.
Freyr signs with Glencore for 1,500 tonnes of cathode material
After an agreement in principle between Freyr and the raw materials trader Glencore at the beginning of the year, a first concrete contract now follows: It fixes the delivery of up to 1,500 tonnes of cathode material with partially recycled cobalt from Glencore’s Nikkelverk plant in Norway.
Freyr considers building battery plant in Finland
The Norwegian company Freyr is taking the first steps towards constructing another battery cell factory – this time in Finland. For this, Freyr has signed two non-binding letters of intent with the Finnish Minerals Group and the Finnish city of Vaasa.
Freyr considers battery manufacturing in North America
Freyr, the Norwegian battery manufacturer, planning a 32 GWh battery cell factory in Norway, is also considering building production capacity in North America. There is talk of potentially setting up a joint venture with an unnamed “large multinational industrial group”.
Norway’s Freyr merges to list on NYSE
Norway’s battery cell start-up Freyr is about to go public on the US stock exchange, again through merging with an already listed investment firm, Alussa Energy Acquisition Corporation (think SPAC).
Freyr signs licensing deal with 24M
The Norwegian company Freyr that is planning to build a large battery cell factory in Rana, Norway, has signed a licensing agreement with cell specialist 24M Technologies. The US American spin-off is known for the development of ‘semi-solid’ technology.