Elkem ASA (ELKEF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.