A new silicon-metal facility in Helguvik, Iceland is planned to be in operation by the second half of 2013. An agreement, based on a new framework legislation on incentives for foreign direct investments, has been signed by the Icelandic Silicon Corporation, the ministers of industry and finance and the mayor of Reykjanesbaer for its construction.
According to Invest in Iceland, 65 MW will be needed for its production of 40,000 MT of metallurgical silicon. The Icelandic Silicon Corporation (ISC), HS Energy and Landsvirkjun will be supplying energy for silicon production. Read more