Elkem, Hydro and Altor complete transaction to further develop Vianode as a leading supplier of sustainable battery materials

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Elkem, Hydro and Altor complete transaction to further develop Vianode as a leading supplier of sustainable battery materials

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Hydro is a leading industrial company committed to a sustainable future. Our purpose is to create more viable societies by developing natural resources into products and solutions in innovative and efficient ways.

The closing of the transaction represents an important milestone to accelerate the growth of Vianode as a company. Through the transaction, the partners will contribute to financing a first phase plant and preparations for a potential full scale plant, estimated at around NOK 2 billion total.

An investment decision on a first phase plant for Vianode is expected shortly.

Read more: Elkem, Hydro and Altor partner to accelerate growth of Vianode

: September 14, 2022

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