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Wednesday, June 3, 2026

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Statkraft and Elkem sign seven-year power agreement for Bjølvefossen plant in Norway

(Oslo, Norway, 3 June 2026) Statkraft and Elkem ASA have signed a new long-term power purchase agreement (PPA) that secures competitive and predictable electricity supply for Elkem’s plant in Bjølvefossen, Norway. The agreement is for the 2031-2037 period, and the total contract volume is 1,534 GWh.

The agreement supports continued industrial activity, local value creation and sustainable production at Bjølvefossen. The plant employs 150 people and is one of the world’s largest suppliers of foundry alloys, with an annual production capacity of 60.000 mt. Its products are sold primarily in the EU and Asia and are used in sectors such as automotive, construction, renewable energy and defence. They are produced with a carbon footprint of around one-third of the global average.

“We are very pleased to sign yet another long-term power agreement with an important Norwegian industrial company. Long-term contracts at competitive terms help support local jobs and value creation at a time of significant uncertainty and volatility, says EVP Markets in Statkraft, Hallvard Granheim.

“Access to long-term, competitive power agreements is essential to maintain industrial production and jobs in Norway. This agreement with Statkraft strengthens the competitiveness of our Bjølvefossen plant and reflects the close link between energy and industrial development in Norway. It enables us to continue supplying strategic materials to European industry and supporting the EU's security in a turbulent geopolitical context,” says Inge Grubben-Strømnes, Elkem’s SVP Foundry Alloys.

Elkem has a strong portfolio of long-term power contracts in Norway, securing a significant share of its 3.5 TWh annual power consumption at competitive terms. The new agreement further strengthens predictability for the company’s operations and investment planning. 

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New High-grade Lithium, Caesium, and Tantalum Pegmatite Discoveries in Surface Exploration Works

PMET's premier James Bay - Quebec geology delivers further exploration success with 2.94% Li2O, 16.43% Cs2O, and 3,768ppm Ta2O5 in surface samples at its...

New High-grade Lithium, Caesium, and Tantalum Pegmatite Discoveries in Surface Exploration Works

PMET's premier James Bay - Quebec geology delivers further exploration success with 2.94% Li2O, 16.43% Cs2O, and 3,768ppm Ta2O5 in surface samples at its...

New High-grade Lithium, Caesium, and Tantalum Pegmatite Discoveries in Surface Exploration Works

PMET's premier James Bay - Quebec geology delivers further exploration success with 2.94% Li2O, 16.43% Cs2O, and 3,768ppm Ta2O5 in surface samples at its...

How to Trade Memecoins with AI: A Beginner’s Guide Using MemeToro Technology

Learn how MemeToro uses AI agents, memecoin analytics, DeFi trading, and prediction markets to help beginners discover the best crypto presale opportunities early
Learn how MemeToro uses AI agents, memecoin analytics, DeFi trading, and prediction markets to help beginners discover the best crypto presale opportunities early

National Park Foundation Launches 2026 ‘Adventure Awaits’ Sweepstakes

Winners will receive a trip of a lifetime to visit the national park of their choice.WASHINGTON, June 1, 2026 /PRNewswire/ -- The National Park Foundation...

Prospera Energy Announces Q2 2025 Financials & EnerCom Denver 2025 Participation

CALGARY, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”)

Oil & Gas Market Size to Surpass USD 8.79 Trillion by 2034

According to Towards Chemical and Materials, the global Oil & Gas market size was estimated at USD 6.10 Trillion in 2024 and is expected to surpass around USD 8.79 Trillion by 2034, growing at a compound annual growth rate (CAGR) of 3.72% over the forecast period from 2025 to 2034.
According to Towards Chemical and Materials, the global Oil & Gas market size was estimated at USD 6.10 Trillion in 2024 and is expected to surpass around USD 8.79 Trillion by 2034, growing at a compound annual growth rate (CAGR) of 3.72% over the forecast period from 2025 to 2034.

Condor Announces 2025 Second Quarter Results and USD $5.0 Million Bridge Loan

CALGARY, Alberta, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition company focused on Central Asia is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2025 (the “Financial Statements”), together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR+ at www.sedarplus.ca and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated.

Peyto Reports Second Quarter 2025 Results

CALGARY, Alberta, Aug. 12, 2025 (GLOBE NEWSWIRE) --  Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to report operating and financial results for the second quarter of 2025.

Mountain Province Diamonds Announces Second Quarter Financial Results for 2025

TSX: MPVD TORONTO, Aug. 12, 2025 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) today announces financial results for the second quarter...

Mountain Province Diamonds Announces Second Quarter Financial Results for 2025

TSX: MPVD TORONTO, Aug. 12, 2025 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) today announces financial results for the second quarter...

Mountain Province Diamonds Announces Second Quarter Financial Results for 2025

TSX: MPVD TORONTO, Aug. 12, 2025 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) today announces financial results for the second quarter...

Amplify Energy to Participate in the 2025 EnerCom Denver – The Energy Investment Conference

HOUSTON, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 30th Annual EnerCom Denver – The Energy Investment Conference in Denver, Colorado on August 18-19th, 2025.

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