FREYR and Glencore Sign Supply Contract for Sustainable Cobalt and Expand Their Collaboration for the Responsible Supply of Battery Materials
New York, Oslo and Luxembourg, November 15, 2021, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity and Glencore International AG (“Glencore”), one of the world’s largest global diversified natural resource companies, have signed a contract for the supply of up to 1,500 metric tons of high grade, sustainably sourced cobalt metal cut cathodes made from partially recycled cobalt produced at Glencore’s Nikkelverk facility in Norway.
“We are very pleased to progress and expand our relationship with Glencore, a global leader in the