Elkem

Fire at Elkem Salten

A fire broke out this afternoon at Elkem's silicon plant in Salten, Norway, and

emergency services have been mobilised. Four individuals have been transported

to the local health services. Their conditions are not critical. The fire is

still ongoing, but under control.

"Health, safety and the environment are our first priorities. All personnel are

now accounted for, and we are following up the four colleagues who have been

sent to the local health services for check-ups. In addition, we have halted all

production and are doing our utmost to assist the emergency services," says Ove

Sørdahl, plant manager for Elkem Salten.

The fire is reported to have started in a building which is housing raw

materials, including carbon materials. Some of these are highly flammable.

Elkem Salten is located in Straumen, in the Sørfold municipality in Nordland

county in the north of Norway. It is one of the world's largest and most modern

silicon plants exporting silicon and silica fume products worldwide. The plant

has around 200 employees. With its three furnaces, the plant has an annual

production capacity of 128,000 mt, of which silicon capacity is 80,000.

"We are still at an early stage and it is too soon to be precise on any long

-term impacts on production or physical assets. Health, safety and the

environment must come first. That said, all production is currently halted. We

will come back with additional updates once we have more information on the

totality of the situation," says Sørdahl.

For further information, please contact:

Odd-Geir Lyngstad

VP Finance & Investor Relations

Tel: +47 976 72 806

Fredrik Norman

VP Corporate Communications & Public Affairs

Tel: +47 918 66 567

About Elkem

Elkem is one of the world's leading providers of advanced silicon-based

materials shaping a better and more sustainable future. The company develops

silicones, silicon products and carbon solutions by combining natural raw

materials, renewable energy and human ingenuity. Elkem helps its customers

create and improve essential innovations like electric mobility, digital

communications, health and personal care as well as smarter and more sustainable

cities. With a strong track record since 1904, its global team of more than

7,300 people has a joint commitment to stakeholders: Delivering your potential.

In 2022, Elkem achieved an operating income of NOK 45.9 billion and CDP ratings

of A- on climate and forest. Elkem is listed on the Oslo Stock Exchange (ticker:

ELK), where the company is also included in the ESG Index. www.elkem.com

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