Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Energi & Miljö |
| Industri | Miljö & Återvinning |
2024-04-25 13:00:22
Vow Green Metals AS ("Vow Green Metals" or the "Company") has today published
its Annual Report 2023, which includes consolidated accounts for the Company and
the independent auditor's report.
In her letter to the shareholders and stakeholders of the Company, Vow Green
Metals' Chief Executive Officer, Cecilie Jonassen, writes:
"We expect to build new production plants with a capacity of 200,000 tons of
biocarbon by 2028 and exceeding the 500,000 tons mark within 2030. The
industrial and commercial foundations for a new green industry are in place,
opening for large green investment opportunities. We are currently inviting
partners to further support our growth trajectory and ensure speed and scale
realizing large-scale projects with double-digit IRR and tremendous effect on
climate."
The reports are attached and are also available on:
https://www.vowgreenmetals.com/investors/results-and-presentations
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 enables 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.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.