VOW GREEN METALS Recently, the first 80 kilograms of biocarbon was successfully produced as part of the hot commissioning of Vow Green Metals' early production line at Hønefoss, marking a major milestone for the project. With its production capacity of 2,500 tons, the early production line will accelerate Vow Green Metals' commercial operations by enabling the company to deliver industrial volumes of biocarbon to established partners and provide product samples to mature new markets and relationships with industrial offtakers. The early production line employs a Biogreen pyrolysis reactor, which operates solely on electric power. It will have a total annual production capacity of 2,500 tons of biocarbon. Vow Green Metals expects to finalize the commissioning process of the early production line in November, before entering operations and ramping up production over the following months. The early production line will be followed by a large-scale biocarbon production facility located in the same industrial area at Hønefoss. The large-scale facility will become one ofEurope's largest, with its 20,000 tons production capacity and abatement potential of 100,000 tons of fossil CO2 p.a. "We are thrilled to announce yet another milestone reached from our early production line at Hønefoss, which employs the same technology that will be installed in the first phase of our large-scale plant at Hønefoss. This represents a key step towards industrializing biocarbon production and enabling significant emissions reductions in the metallurgical industry. The project is progressing well, and we continue to identify improvements which will reduce the cost and lead-time of our future projects," saidCecilie Jonassen , Chief Executive Officer of Vow Green Metals. ENDS For further information, please contact: Mathias Nilsen Reierth, Director of Corporate Affairs and Commercial,Vow Green Metals AS . Tel: + 47 988 05 724 Email: mathias.reierth@vowgreenmetals.com About Vow Green Metals Vow Green Metals' strategy is to be a leading producer of biocarbon and other carbon-neutral products that enable the green transition in hard-to-abate industries. We are on a mission to accelerate the world's transition to renewable materials by offering green alternatives to replace fossil reduction agents in the metallurgical industry. The core of our business is to build, own and operate biocarbon production plants using state-of-the-art pyrolysis technology to turn biomass and biomass waste-streams into our core product, biocarbon. Our biocarbon production process also creates other valuable products like bio-oil and bioenergy. With our standardized solutions, unique access to proprietary technology, and a growing global pipeline of projects, we are upholding our first-mover position in a growing market where speed and scale will be determining factors. Vow Green Metals is building a new biocarbon industry on the shoulders of its main owner and technology partner,Vow ASA , which provides access to competence and capabilities acquired through decades of industrial innovation.
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