Vianode, a company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial scale plant for sustainable battery materials at Herøya in Norway. The investment of around NOK 2 billion will create new industrial jobs and provide critical battery materials. The decision is an important step towards establishing a complete battery value chain in Norway for the European market.The industrial plant at Herøya, Norway, will produce anode graphite for about 20,000 electric vehicles 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% 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.
Vianode, a company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial scale plant for sustainable battery materials at Herøya in Norway. The investment of around NOK 2 billion will create new industrial jobs and provide critical battery materials. The decision is an important step towards establishing a complete battery value chain in Norway for the European market.The industrial plant at Herøya, Norway, will produce anode graphite for about 20,000 electric vehicles 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% 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.
