OB:ELKChemicals
Free Emissions Allowances Might Change The Case For Investing In Elkem Stock (OB:ELK)
Elkem ASA has received 1.3 million additional free emission allowances for 2021 to 2025 from the Norwegian Environment Agency, after authorities concluded Norwegian silicon, ferrosilicon and manganese producers were previously treated less favorably than EU peers.
The decision to align Elkem's Norwegian plants with EU peers for both the past allocation gap and the 2026 to 2030 period directly affects carbon cost exposure. This in turn feeds into production economics and long term...