Elkem signs MoU with FREYR for supply of battery materials - Seite 2

Elkem continues to carry out research on silicon-graphite composite materials for improved battery performance. This year, the company is joining the Hydra and 3beLiEVe research projects on next generation lithium-ion batteries, coordinated by SINTEF and the Austrian Institute of Technology, respectively. Both projects have received funding from the European Union's Horizon 2020 research and innovation programme.

About Elkem
Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The company has more than 6,700 employees with 31 production sites and an extensive network of sales offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion. To learn more, please visit www.elkem.com

About FREYR
A Norwegian company in the process of developing, financing, constructing and operating an initial 2-25 GWh +32 GWh annual capacities worth of lithium-ion based battery cell facilities and a 600 MW wind park in the municipalities of Rana and Nesna in Nordland, Norway. The company will supply sustainably produced, cost competitive battery cells to the rapidly growing market for electric vehicles and energy storage in Europe and globally, as well as develop other markets within the segments of marine transportation, aviation and offshore oil through cluster-based R&D initiatives with leading Norwegian and European institutions and companies. For more information, see the home page at: freyrbattery.com

For more information:
Odd-Geir Lyngstad, VP Finance & Investor Relations, Elkem
Tel: [phone]
Email: [e-mail]

Hans Iver Odenrud, Corporate Communication Manager, Elkem
Tel: [phone]
Email: [e-mail]

Tom Einar Jensen, Chief Executive Officer, FREYR
Tel: [phone]
Email: [e-mail]

Hilde Rønningsen, Director of Communications, FREYR
Tel: [phone]
Email: [e-mail]

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https://news.cision.com/elkem/r/elkem-signs-mou-with-freyr-for-supply-of-battery-materials,c3225017

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https://mb.cision.com/Main/16930/3225017/1325682.pdf	Elkem signs MoU with FREYR for supply of battery materials ENG
https://news.cision.com/elkem/i/battery-materials,c2843028	Battery materials
https://mb.cision.com/Public/16930/3225017/9fa6f401ebca9203.pdf	Elkem signs MoU with FREYR for supply of battery materials NOR