Elkem to invest nearly $20M in Canadian biocarbon pilot plant

In Canada, Elkem has decided to invest in a new biocarbon pilot plant in Canada. The project aims to secure industrial verification of Elkem’s technology for renewable biocarbon, with a long-term goal of contributing to climate-neutral metal production. The technology also has potential for application in other industry sectors, contributing to reduced CO2 emissions.

The total investment for the pilot plant amounts to nearly $20 million. The project has received financial support from the Canadian government, the Québec government and the city of Saguenay, reducing Elkem’s net investment to NOK60 million. The plant will be constructed near Elkem’s production site in Chicoutimi, Quebec, Canada, with start of construction planned for the second half of 2020. Based on conclusions from the pilot, Elkem will evaluate the basis for a full-scale plant.