Chemical industry group Elkem has selected an industrial park in Norway for a potential large-scale battery graphite production facility.
Called Northern Recharge, the project at Herøya Industrial Park aims to make batteries greener with lower carbon emissions and supply the fast-growing battery industry.
Stian Madshus. Vice President for Elkem Battery Materials said: “It is a pleasure to announce that we have selected Herøya Industrial Park as the site for our Northern Recharge project.
“This enables us to build a highly cost-effective plant with good access to renewable energy, potentially lowering CO2 emissions by 90% compared to alternatives based on fossil energy. We also secure close proximity to our pilot plant and internationally leading research environments within material technology.”
Elkem – a supplier of advanced silicone solutions for battery packs, protection of electronics and cable protection – adds with graphite being the leading anode material in lithium-ion battery cells, demand is expected to increase more than 10-fold by 2030.
It expects to make a final investment decision for the plans in 2021.