German Silicon Metal Producer Eyes North Iceland Skip to content

German Silicon Metal Producer Eyes North Iceland

Húsavík in northeast Iceland is said to be the first option of three which the executives of the German company PCC are considering as a location for a silicon metal factory, as reported on the Stöð 2 news yesterday evening.


Húsavík. Archive photo by Páll Stefánsson.

The company’s executives met with representatives of the local community yesterday and said at the meeting that they hoped a decision could be made on the factory in six months and that constructions could begin in 2013.

A PCC representative told the newsroom that this would be an investment worth more than EUR 100 million (ISK 16 billion, USD 130 million).

Alcoa recently backed out of its plans to construct an aluminum smelter in the region given that sufficient energy could not be obtained at an acceptable price.

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