October 4, 2022

Century Aluminum and Ocean GeoLoop Partner on Carbon Capture Technology to Help with Goal of Carbon Neutral Aluminum Production

Century Aluminum Enterprise

CHICAGO, Feb. 28, 2022 (Globe NEWSWIRE) — Century Aluminum Organization (NASDAQ: CENX) introduced nowadays that its wholly-owned subsidiary, Nordural Grundartangi ehf (“Nordural” or “Grundartangi”), signed a Letter of Intent (LOI) with industrial environmentally friendly technologies chief, Ocean GeoLoop, for carbon capture at the Grundartangi plant in Iceland. The challenge has an ambition to lessen Iceland’s carbon emission by about 10% by deploying Ocean GeoLoop’s carbon capture option.

“We are very pleased to announce this arrangement with Nordural, aiming to lessen carbon emissions significantly by deploying our disruptive carbon seize remedy. The conclude-of-pipe technological know-how is planned to be assisted by the e-Loop, a horizontal hydropower device, enabling electrical power output using the CO2 from the aluminum system resulting in a self-energized carbon capture answer at Nordural,” says Odd-Geir Lademo, CEO at Ocean GeoLoop.

Ocean GeoLoop develops, pilots, and commercializes multifunctional environmental technologies for carbon seize, utilization, and storage. The GeoLoop carbon seize resolution is characterized by many special capabilities, as the CO2 separation is 100% clean up, can seize 100% of the CO2, and has no require for special adaptations primarily based on the form of flue gasoline. The carbon seize approach is expected to be assisted by the e-Loop, a proprietary, horizontal hydropower device, enabling electrical power manufacturing from low high quality warmth resources.

Nordural produces Natur-Al™ aluminum with 1 of the least expensive CO₂ footprints in the earth. With OGL, Nordural has the ambition to turn out to be a carbon neutral aluminum producer.

“We are psyched at the prospect of being in a position to seize, use and keep the CO2 that our plant emits now. We are previously far ahead of the curve in conditions of carbon footprint, as all our energy is renewable, but a productive carbon capture scheme would convey us to real carbon neutrality,” states Gunnar Guðlaugsson, CEO of Nordural.

About Century Aluminum Company

Century Aluminum Organization owns principal aluminum capacity in the United States and Iceland. Century’s corporate places of work are situated in Chicago, IL. Stop by www.centuryaluminum.com for more info.

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Speak to
Peter Trpkovski
(Traders and media)
312-696-3132

Resource: Century Aluminum Business