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Butte may lose $300 million Advanced Silicon Materials plant expansion over energy prices

November 20, 2005 /

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State and Butte officials are concerned Montana’s high energy prices could cause Butte to lose a $300 million expansion of the Advanced Silicon Materials silicon production plant, now owned by a Norwegian company.

Renewable Energy Corporation AS, a Norwegian solar energy company, earlier this year bought 75 percent of Advanced Silicon Materials LLC. The purchase gave REC two silicon plants: one in Butte, and a second in Moses Lake, Wash.

John Hill, of REC’s Moses Lake branch, confirmed Friday that the company is considering a major expansion at one of its properties, including Butte and Moses Lake. Company leaders have not yet made a decision about where the projected $300 million expansion will take place.

By JENNIFER MCKEE
Of The Gazette Staff

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