An Indian investor plans to construct a water bottling plant in the remote area of Borgarfjörður eystri, Northeast Iceland.
Build-up of heavy industry in Iceland will increase coal usage in the country to 224,000 tons a year by 2018.
The United Silicon metal smelter in Helguvík, Southwest Iceland, is making the headlines again, this time after Stundin released a video of dust being released from the building in the dark of night.
More than thirty complaints have been sent to the Environment Agency of Iceland about pollution from a United Silicon metal smelter in Helguvík.
For the second time, the environmental associations Fjöregg and Landvernd have reported the decision to issue a project permit for a controversial power line to an environmental ruling committee.
There is a new development today regarding the controversial power line to the PCC silicon plant under construction at Bakki, near Húsavík, North Iceland.
A parliamentary bill, intended to ensure that work on a power line project in North Iceland resume, will not be voted on in Althingi, the Icelandic parliament, before the October 29 election.
Foreign companies can choose whether to pay income tax in Iceland, states tax expert and adjunct lecturer at the University of Iceland.
Widespread damage has been caused by a fire last night at a car repair workshop in Akureyri, North Iceland.
Such is the demand for Icelandic wool, lopi, that the company Ístex now plans to hire more workers to be able to increase production.
Electricity use per capita is the highest in the world in Iceland and has increased in recent years due to heavy industry.
The Handknitting Association of Iceland has issued a statement regarding a ‘lopapeysa’ sweater given to Chicago Mayor Rahm Emanuel by Minister of Industry and Commerce Ragnheiður Elín Árnadóttir yesterday.
Icelandic Foreign Minister Gunnar Bragi Sveinsson is determined not to withdraw his support for Western sanctions against Russia, despite losses suffered by the fishing industry after Russia imposed an import ban on food from Iceland in August.
The operation of Alcoa in Iceland has been losing money from the start, RÚV reports. “Made-up loss” and “scandal” is the view of the former director of Internal Revenue.
Comprehensive cooperation between authorities, municipalities, and the travel industry has been announced in a new policy for the travel industry.
Prime Minister Sigmundur Davíð Gunnlaugsson promised a 40 percent reduction in the emission of greenhouse gases at the United Nations Sustainable Development Summit Saturday, but has since been harshly criticized by the Icelandic Environment Association for lack of honesty.
Minister of Industry Ragnheiður Elín Árnadóttir said no formal application for an aluminum smelter near Skagaströnd in Northwest Iceland has been submitted but that the project has been presented to her. It’s in the initial stages, she said, and the energy has yet to be found.
Icelandic company Klappir Development and China Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC) signed a declaration of intent on the building of an aluminum smelter in a planned industrial area at Hafursstaðir in Skagabyggð, Northwest Iceland, in Reykjavík on Tuesday.
Municipalities in Northwest Iceland have signed a declaration of intent and a cooperation agreement with Klappir Development ehf. on the construction and operation of a 120,000 ton aluminum smelter they hope to build at Hafursstaðir in Skagabyggð.
A company called PCC BakkiSilicon hf. has decided to construct a silicone factory in the industrial zone Bakki, near Húsavík, Northeast Iceland.
The construction of a power plant in geothermal area Þeistareykir in Northeast Iceland will begin in the coming days; Landsvirkjun, the national power company, and contractor LNS Saga signed an agreement on the plant’s construction on Monday.
The first Senegal soles were slaughtered and packed at Stolt Sea Farm at Hafnir, a new fish farm in Southwest Iceland, on Wednesday. The first batch were 1,000 fish or about 500 kg (1,100 lb).
Startup company Codland in Grindavík, Southwest Iceland, has received ISK 75 million (USD 563,000, EUR 496,000) in funding from Nordic Innovation for developing products from fish skin. Once a three-year research project has been completed, the plan is to build a plant in Grindavík and process 3...