Duisburg / Húsavík (Iceland), in October 2014. Having obtained the provisional cover note from the interministerial commission of Germany’s federal government on 25 September 2014, the financing process for PCC’s silicon metal project in Húsavík (Iceland) has taken a decisive step forward.

Roughly at the same time, the local council of Iceland’s Nordurthing province issued the construction permit for the plant, which has already come into effect following the expiry of the objection period. Consequently the final investment decision followed by the start of the construction works can be expected at a date around the turn of 2014 and 2015.

As reported before, we plan to build in the north of the island one of the most advanced production plants for silicon metal for use e.g. in the aluminium industry and the manufacturing of silicones.