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Biocarbon Bonanza Beckons: Vow Green Metals’ Vision Vindicated

HitecVision now owns 91.4 % of Vow Green Metals and brings €9 billion of industrial backing to expand biocarbon production. Vow plans a flagship plant in Hønefoss and additional facilities in Østfold and Orkland, aiming for 200,000 metric tons per year by 2030. New leadership, including Chair Jan Arve Haugan and CEO Cecilie Jonassen, drives strategy. Biocarbon offers major climate benefits, replacing fossil coal and cutting over 1.4 million metric tons CO₂ equivalent by 2030. Vow’s contracts with Elkem and Outokumpu show strong industrial demand.

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