Finnfjord AS

We are honored to receive the 2024 Sustainability Award from Metalshub! At Finnfjord, we push industry standards by rethinking CO₂ reduction. With one of the world’s most energy-efficient ferrosilicon plants, we’re now advancing algae technology to capture CO₂ from off-gases. This award encourages our efforts to become the world’s first CO₂-free ferrosilicon producer. Sustainability is a team effort, and collaboration across the supply chain is key. A big thank you to Metalshub, our partners, and customers who share our vision. Let’s keep making the world greener and more profitable!! #SustainabilityAward #Decarbonisation #Finnfjord #GreenSteel

Today, we had the pleasure of welcoming Minister of Business, Cecilie T. Myrseth, to our plant. It was a great opportunity to discuss the pressing challenges facing European industry, including market tariffs, energy costs, CO₂ regulations, and the impact of low economic activity. At Finnfjord, we are committed to innovation and sustainability. We were proud to show her our energy recovery plant, which significantly reduces emissions and increases efficiency. We also shared our plans to use algae to capture CO₂—a groundbreaking initiative that not only helps the environment but also transforms CO₂ into healthy feed for farmed salmon. We appreciate the Minister’s time and interest in our work!

Our close collaborators at UiT- The Arctic University of Norway have written a very interesting opinion piece in DN, comparing the algae project at Finnfjord with the electrification of Melkøya. Melkøya, where Equinor operates LNG production, faces a significant challenge with its annual emissions of 900,000 tons of CO2. To meet international climate agreements, these emissions must be significantly reduced. The government has proposed electrifying the facility, but this has met with opposition due to concerns about electricity prices and sufficient renewable energy. An innovative solution is to use CO2 emissions from industrial processes for the production of microalgae through carbon capture and utilization (CCU). Microalgae, which contain valuable nutrients, can be used as feed for both humans and animals. The technology has already been tested at the ferrosilicon plant in Finnfjordbotn and has proven to be effective on an industrial scale. This alternative can significantly reduce CO2 emissions while simultaneously producing sustainable feed, supporting the government’s goal of increased sustainability in the aquaculture industry by 2030.

Studenter fra Midt-Troms - se her! Næringsforeninga Finnsnes og Senja inviterer til Studentfest før jul. Her vil næringslivet i Senja fortelle om hvilke muligheter som finnes i arbeidslivet i regionen. Samtidig for dere mulighet til å bli kjent med andre studenter fra regionen. Det er begrenset med plass - så det gjelder å være snar å melde seg på! https://lnkd.in/dtmDEjpf

Finnfjord won the Norwegian final in Capgemini’s Nordic Sustainability Tech Award 2024!! The consulting company Capgemini annually awards its sustainability prize to businesses in the Nordic region that use technology and innovation to reduce greenhouse gas emissions and limit climate change. This year, the prize went to Finnfjord for the collaborative project we have with UiT The Arctic University of Norway, where we use algae to absorb CO2 from the off-gases of the ferrosilicon process and convert them into valuable raw materials. We are proud and happy to win this award, and we greatly appreciate that others notice the work being done in the Algae Project!! https://lnkd.in/dK5NGcY8 https://lnkd.in/dmEGQ_EE

Brynjulv Gjerde recently showcased our zero-emissions roadmap at the Fastmarked Ferroalloys conference in Istanbul. In collaboration with UiT- The Arctic University of Norway, Finnfjord has pioneered an innovative method to capture CO2 using algae. These algae thrive on light and CO2, making the off gases from the ferrosilicon process an ideal environment for their growth. Moreover, the algae are rich in valuable fatty acids, making them an excellent ingredient for farmed salmon feed.