• Elkem signed a 127 MW power purchase agreement with Landsvirkjun through 2039 for its ferrosilicon plant in Iceland.
• The take-or-pay contract replaces the existing agreement, securing long-term electricity supply with greater operational flexibility.
• From April 2029, electricity pricing will have a fixed floor with a partial link to ferrosilicon market prices.
• The agreement supports the plant’s competitiveness amid a strategic review announced in the second quarter of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elkem ASA published the original content used to generate this news brief via Cision (Ref. ID: 20261022:BIT:8411:0) on October 22, 2026, and is solely responsible for the information contained therein.