Freyr and Elkem ink Annode Active Materials MoU

Freyr and Elkem have actually signed an MoU for commercial supply of Anode Active Materials (AAM) to Freyr’s lithium-ion battery pack cellular (LiB) center being developed in Mo i Rana, Norway.

Elkem and Freyr works to determine long-lasting AAM supply agreements, including battery graphite and high-content silicon battery materials, for Freyr’s initial pilot manufacturing line, the 2-25 GWh fast-track facilities and the subsequent 2-phase 32 GWh giga-factory.

The agreement also incorporates joint development and industrial scale screening of the latest high-performance AAM and brand new technologies to supply battery pack cells with greater power density and improved security at cheaper.

Elkem is a worldwide supplier of advanced level materials, currently constructing a pilot plant for battery graphite in Kristiansand, Norway, with significant associated R&D task and developing a prospective large-scale plant for battery materials production at Herøya, Norway, known as Northern Recharge.

The agreement is in line with Freyr’s aspiration of partnering with neighborhood companies to create green battery pack cells with a somewhat paid off carbon footprint utilizing locally sourced materials and 100per cent renewable low-cost energy.

“we have been extremely pleased to incorporate Elkem within our quickly expanding eco-system of suppliers and customers,” stated Freyr CEO, Tom Einar Jensen.

“long-lasting supply of superior, competitive AAM to your battery mobile production facilities in Northern Norway is a core catalyst to competitive battery pack mobile production.

“By combining protected, stable long-lasting availability of high end AAM, manufacturing technology and 100percent renewable energy, our company is continuing to enable Freyr to provide many efficient, economical and eco-friendly battery pack cells to all market sections.

“Elkem could be a very good supply partner for Freyr with Norwegian manufacturing of anode materials. This initial agreement allows us to secure regional supply of materials with long run aspirations of further cost and ecological footprint improvements.

“Together we are able to establish a sustainable, resilient and cost-effective neighborhood supply string to guide a battery industry and eco-system in Norway, the Nordics and European countries.”

For their part, Elkem Advanced Battery Materials GM Europe, VP and president, Stian Madshus, added: “The market for better and greener batteries keeps growing quickly. Elkem aims to simply take a competitive position within market, play a role in a powerful European battery pack industry and build new Norwegian export industry based on renewable hydro-power.

“We experience strong curiosity about the marketplace from a few battery pack cellular manufacturers across the European continent, plus the emerging battery industry in Norway. We have been very happy to sign an MoU with Freyr to explore the potential for the next commercial supply agreement from Elkem and scaling up Elkem’s new silicon-graphite composite materials.”

In July this year, Freyr effectively raised NOK130m (US$13.6m) of pre-construction equity funding for the first lithium-ion battery mobile (LIB) center in Norway with strong local and local support.

On 15 October, Freyr announced a short contract with Siemens Energy for the method of getting battery pack cells for marine and energy storage space systems applications.

Freyr has elevated its development ambitions to a combined 2-25 GWh + 32 GWh battery pack cellular capability in Mo i Rana. This undertaking would be one of the biggest in Europe and create lithium-ion battery cells (LIBs), through a partnership-based approach.

Freyr is continuing to expand its value string and establish formal relationships associated with technology, raw-material supply, equipment and machinery, production systems and customers.

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https://news.cision.com/freyr/r/freyr-signs-initial-agreement-with-elkem-for-long-term-supply-of-battery-materials-for-environmental,c3225164

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