11.4 C
Mining News

FREYR Battery Receives Shareholder Approval for Redomicile from Luxembourg to the U.S.

FREYR Batter, a developer of clean, next-generation battery cell production capacity, announced today that the Company has received the required votes to approve all proposals at its Extraordinary General Meeting on December 15, 2023. As a result, FREYR expects to complete the previously announced process to redomicile from Luxembourg to the United States by year end 2023.

“On behalf of the Board of Directors and management, the FREYR team expresses its gratitude for the support of its shareholders of record in passing all the proposals at the EGM. With this vote, FREYR will become a U.S. Company by year end 2023, which will pave the way for us to realize the previously announced benefits to shareholders,” commented Tom Einar Jensen, FREYR’s Executive Chairperson. “With Giga America under initial development in Coweta County, Georgia, we are now positioned to establish FREYR as the first U.S. based scaling partner of choice for battery technology solutions.”

Supported by


Source: FREYR

Related posts

The impact of exports of Chinese technologies for processing rare earth metals on the world market

David Lazarevic

The race for critical raw materials

David Lazarevic

Iranian government has been seriously pursuing several programs to promote the mining sector as a major contributor to the country’s economic growth

David Lazarevic
error: Content is protected !!