Recently, the first 80 kilograms of biocarbon was successfully produced as part
of the hot commissioning of Vow Green Metals' early production line at Hønefoss,
marking a major milestone for the project. With its production capacity of 2,500
tons, the early production line will accelerate Vow Green Metals' commercial
operations by enabling the company to deliver industrial volumes of biocarbon to
established partners and provide product samples to mature new markets and
relationships with industrial offtakers. The early production line employs a
Biogreen pyrolysis reactor, which operates solely on electric power. It will
have a total annual production capacity of 2,500 tons of biocarbon.

Vow Green Metals expects to finalize the commissioning process of the early
production line in November, before entering operations and ramping up
production over the following months.

The early production line will be followed by a large-scale biocarbon production
facility located in the same industrial area at Hønefoss. The large-scale
facility will become one of Europe's largest, with its 20,000 tons production
capacity and abatement potential of 100,000 tons of fossil CO2 p.a. 

"We are thrilled to announce yet another milestone reached from our early
production line at Hønefoss, which employs the same technology that will be
installed in the first phase of our large-scale plant at Hønefoss. This
represents a key step towards industrializing biocarbon production and enabling
significant emissions reductions in the metallurgical industry. The project is
progressing well, and we continue to identify improvements which will reduce the
cost and lead-time of our future projects," said Cecilie Jonassen, Chief
Executive Officer of Vow Green Metals.   

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 enable 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.