Elkem focuses on core business, exits Vianode
Oslo, 11 March 2024 Elkem has decided to exit its financial investment in the advanced battery materials company Vianode. This is in line with the previously announced comprehensive programme for earnings improvements and capex reductions in Elkem, and a focus on Elkem’s core business. Going forward, Vianode will continue to be backed by global aluminium and renewable energy company Hydro and Altor Fund V, a fund managed by Altor Fund Manager. Through the highly skilled employees who have joined Vianode from Elkem since its founding in 2021, Vianode will continue to benefit from