Elkem has made NOK 140 million ($16 million) of investments in new infrastructure at its production site in Rana, Norway, enabling the use of wood chips as biocarbon fuel.
Elkem Rana provides specialty and standard ferrosilicon products to the global steel market, as well as Elkem Microsilica, a key ingredient in many advanced construction materials.
“This investment in infrastructure for wood chips at Elkem Rana constitutes an attractive opportunity to both improve furnace operating yield and reduce CO2 and NOx emissions through increased use of biocarbon,” said Inge Grubben-Strømnes, senior vice president for silicon products in Elkem. “The investment will increase Elkem Rana's biogenic share and reduce NOx emissions.”
Elkem aims to increase its share of emissions based on renewable biogenic sources to 40 percent by 2030. The company has already reached 20 percent of direct carbon dioxide emissions based on renewable biogenic sources in Norway in 2020