Vow Green Metals AS signed a supply agreement for the annual delivery of 15,000 tons of biocarbon to Elkem. The agreement comes into force when the first large-scale biocarbon volumes are delivered and the ongoing qualification process to ensure an optimized and competitive product is successfully completed. The supply agreement has a duration of five years with an option for a further five-year extension of the contract.

The volumes will be delivered from Vow Green Metals' large-scale 20,000 tons production plant under development at Honefoss, set to become one of Europe's largest, with an abatement potential of 100,000 tons of fossil CO2 p.a. In line with Vow Green Metals' commercial strategy, the company retains the remaining available volumes, exceeding 5,000 tons, to further mature and develop collaborations with other industrial offtakers to meet the increasing demand for biocarbon.