Norwegian Minister of Petroleum and Energy Terje Aasland visited the site of Vianode’s first industrial-scale plant for new battery materials.
Aasland was welcomed at Herøya Industripark in Norway by Vianode’s general manager Stian Madshus, together with representatives from Elkem, Hydro and Altor as well as local government officials.
Vianode, owned by Elkem, Hydro and Altor, produces advanced battery materials with a greener footprint. The company will invest around NOK 2 billion to create new industrial jobs and provide critical battery materials. The investment is an important step towards establishing a complete battery value chain in Norway for the European market.
Through the plans at Herøya, Vianode plans to recruit around 100 new employees, contributing to local value creation and around 300 jobs related to the green transition including ripple effects.
The industrial plant at Herøya, Norway, will produce anode graphite for about 20,000 electric vehicles (EVs) per year by 2024. This investment is the first phase in a larger investment plan. The plant construction will be carried out in parallel with preparations for a second phase plant scaled to provide battery materials to 2 million EVs per year by 2030, covering a significant share of the global EV market.
The graphite materials from Vianode are produced with up to 90 percent lower CO2 emissions than today’s standard materials. The materials have unique performance characteristics and improve the properties in batteries, including faster charging, increased range and longer service life, as well as increased safety and recyclability.
Source: Vianode
Be the first to comment