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Vow Green Metals AS

Regulatory Filings Oct 19, 2022

3786_rns_2022-10-19_cd064061-ee53-47f9-b398-1b89b95f9fca.html

Regulatory Filings

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VOW GREEN METALS AND ELKEM ADVANCE THEIR COOPERATION TO DEVELOP BIOCARBON SUITED FOR METALLURGICAL PROCESSES

VOW GREEN METALS AND ELKEM ADVANCE THEIR COOPERATION TO DEVELOP BIOCARBON SUITED FOR METALLURGICAL PROCESSES

VOW GREEN METALS AND ELKEM ADVANCE THEIR COOPERATION TO DEVELOP BIOCARBON SUITED FOR METALLURGICAL PROCESSES

Oslo, 19 October 2022

Vow Green Metals AS and Elkem ASA are advancing their relationship beyond an initial letter of intent and has entered an agreement to cooperate on the further development and supply of biocarbon suited for Elkem’s advanced metals processes.

The objective of the cooperation agreement is to develop a competitive reduction material for the metallurgical industry. The production, which will take place at Vow Green Metals’ factory at Follum, will be based on forest waste and other sustainable feedstock sourced in Norway.

As part of the agreement, the parties will collaborate to secure the development, qualification and testing of the biocarbon product to Elkem.

For more information, please contact:

Cecilie Jonassen, CEO, Vow Green Metals AS

Tel: + 47 954 20 126

Email: [email protected]

About Vow Green Metals AS

Vow Green Metals AS build, own, and operate plants that produce high value biocarbon for the metallurgical industry. In order to decarbonise the metallurgical industry, there is a growing global interest in large scale pyrolysis plants, motivated by both environmentally friendly treatment methods for waste and for the production of biocarbon. Vow Green Metals AS aims to provide solutions for the metallurgical industry and to meet the growing demand for industry decarbonising.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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