Elkem has reached final investment decision on a revamp of its ferrosilicon furnace at the Rana plant in Norway. The project aims to improve operational efficiency and reduce emissions from ferrosilicon production.
Ferrosilicon is used in steelmaking and cast iron production as a deoxidizer and alloying agent. Norwegian producers benefit from access to hydropower, giving them a lower-carbon footprint compared with coal-based production in other regions.
The revamp is part of Elkem's ongoing efforts to maintain competitiveness while meeting stricter environmental standards in Europe.
