Vow Green Metals AS

Environmental & Social Information • Mar 14, 2024

Vow Green Metals AS: Environmental permit for the Hønefoss plant received from the Norwegian Environment Agency

Vow Green Metals AS: Environmental permit for the Hønefoss plant received from the Norwegian Environment Agency

The Norwegian Environment Agency has granted Vow Green Metals permission to produce biocarbon and utilize related byproducts for energy purposes at the Hønefoss plant. The company is currently building its large-scale biocarbon production facility, set to become one of Europe’s largest, at the industrial site Treklyngen at Hønefoss. The large-scale facility will have an annual biocarbon production capacity above 20,000 tons and an abatement potential of around 100,000 tons of fossil CO2 p.a.

The environmental permit is granted by the Norwegian Environment Agency under the Norwegian Pollution Control Act and approves the company's operations corresponding to the planned phased development of the large-scale facility at Hønefoss.

ENDS

For further information, please contact:

Mathias Nilsen Reierth, Director of Corporate Affairs and Commercial, Vow Green Metals AS.

Tel: + 47 988 05 724

Email: mathias.reierth@vowgreenmetals.com

About Vow Green Metals

Vow Green Metals’ strategy is to be a leading producer of biocarbon and other carbon-neutral products that enable the green transition in hard-to-abate industries. We are on a mission to accelerate the world’s transition to renewable materials by offering green alternatives to replace fossil reduction agents in the metallurgical industry. The core of our business is to build, own and operate biocarbon production plants using state-of-the-art pyrolysis technology to turn biomass and biomass waste-streams into our core product, biocarbon. Our biocarbon production process also creates other valuable products like bio-oil and bioenergy. With our standardized solutions, unique access to proprietary technology, and a growing global pipeline of projects, we are upholding our first-mover position in a growing market where speed and scale will be determining factors. Vow Green Metals is building a new biocarbon industry on the shoulders of its main owner and technology partner, Vow ASA, which provides access to competence and capabilities acquired through decades of industrial innovation.