Elkem ASA Innovates for Greener Silicon Production
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Elkem ASA Innovates for Greener Silicon Production

Elkem ASA (ELKEF) has released an update.

Elkem ASA is advancing a revolutionary ‘Sicalo’ technology that could drastically reduce CO2 emissions in silicon production by capturing and recycling carbon. With a new 31 million Norwegian kroner grant from Enova for a pilot in Kristiansand, the company moves closer to its 2050 net-zero emissions goal. This initiative could be a game-changer for the industry, with the potential for industrialization in the early 2030s.

For further insights into ELKEF stock, check out TipRanks’ Stock Analysis page.

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