Moses Lake, Washington USA -- February 25, 2024, REC Silicon ASA ("REC
Silicon" or the "Company") informs that an inspection of the Company's Moses
Lake facility by the Washington State Department of Labor & Industries ("Labor
& Industries") occurred on February 13, 2024.
The inspection was a required response to a complaint received by the Labor &
Industries concerning various topics pertaining to the Moses Lake facility.
Typically, inspections consist of various steps in the review process, which
could include a tour of the Moses Lake facility, interviews of randomly
selected employees, review of policy, procedures, and work practices. REC
Silicon takes these inspections seriously and cooperates fully with the
process. REC Silicon does not expect any significant negative findings and
will provide an update upon the completion of the review, which is expected in
the next couple of weeks.
REC Silicon is committed to a safe work environment and takes every step to
ensure that the facility is fully compliant with applicable safety
regulations. REC Silicon places a prioritized importance on our safety
culture, which extends to employees' rights to report concerns to external
organizations. By keeping this a priority, we protect the welfare of our
employees, communities, and shareholders while upholding our commitment to
ethical business conduct.
Production at the site continues and is progressing towards the first
shipment, which is still expected within this quarter.
Contacts
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Jack Yun
CFO, REC Silicon
jack.yun@recsilicon.com
Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com
About Us
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REC Silicon is a leading producer of advanced silicon materials, delivering
high-purity polysilicon and silicon gas to the solar and electronics
industries worldwide. We combine over 30 years of experience and proprietary
technology with the needs of our customers, with annual production capacity of
more than 20,000 MT of polysilicon from our two US-based manufacturing plants.
Listed on the Oslo Stock Exchange (ticker: RECSI), the Company is
headquartered in Lysaker, Norway.
For more information, go to: www.recsilicon.com