FREYR Battery (FREY) Issues Operations Update

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FREYR Battery Provides Operations Update

October 4, 2023 6:01 AM EDT

FREYR surpasses most complex remaining technical hurdle to commence initial fully automated production at the CQP in 4Q 2023

NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)-- FREYR Battery (NYSE: FREY) (FREYR), a developer of clean, next-generation battery cell production capacity, provided an update this morning on the companys continued operational progress at the Customer Qualification Plant (CQP) in Mo i Rana, Norway.

Process automation

FREYR has achieved the interim milestone of automatic electrode casting with solvent slurry. This step, which was met in accordance with FREYRs planned... More