Elkem takes 100% ownership of Salten energy recovery plant
Elkem has today secured 100% ownership of the Elkem Salten energy recovery plant, after acquiring the remaining 50% stake from Kvitebjørn Energi. The transaction is attractive to Elkem and provides increased strategic flexibility.On 15 November, Prime Minister Jonas Gahr Støre opened the new energy recovery plant at Elkem Salten in the northern part of Norway. The energy recovery plant is closely integrated with the silicon production process at Elkem Salten, utilizing the excess heat from the silicon furnaces to produce electrical power. The plant recovers 28% of the electrical energy used