Questions & Answers

The name of the company is EP Power Minerals Iceland ehf..

In its search for environmentally friendly raw materials to supply the construction materials industry, EP Power Minerals has become aware of a natural pozzolan in Iceland that could make an important contribution to the decarbonization of cement and concrete production in the future.

The company acquired the Hjörleifshöfdi property in southern Iceland for long-term, environmentally friendly mining of the natural pozzolan.

The Icelandic partners from Lasastigur ehf. lead the tourism operation and other projects other than future mining operations.

We are still organising and planning the future mining plans but it is our intention to contact and negotiate with local companies and build a strong community in cooperation with the municipality in Mýrdalshreppur.

EP Power Minerals Iceland ehf. is owned by EP Power Minerals. EP Power Minerals has been the European competence leader for decades in supplying the construction materials industry. 

  • Coal phase-out in Europe resulting in less power plant by-products for the global construction industry

  • European climate convention demanding CO2 reduction (Green Deal) from industries

  • For many years, industrial fly ashes have been making an important contribution to the reduction of the clinker factor in cement production combined with an improved CO2 footprint of the cement. However, the availability of industrial fly ash will decrease in the future due to the shutdown of coal-fired power plants in Europe in the next few years.

It is pyroclastic volcanic slag from the Katla volcano.

Depending on application fields and annual excavation volumes, we consider the mine to be sufficient for the supply of natural pozzolan for many decades.

EP Power Minerals Iceland ehf. is aware of the historical importance of this part of the country for the Icelandic population. Accordingly, the company plans not only to mine the natural pozzolan carefully and to develop sustainable logistics concepts, but also to develop the country as an attractive tourist attraction for the local population and for tourists. Together, a long-term, trusting cooperation is to be developed, which at the same time will bring economic benefits for the region of Vik i Mýrdal, its population and companies, and use natural resources to further advance decarbonization in the interest of the climate. An environmental impact assessment (EIA) has been conducted by local experts.

EP Power Minerals Iceland ehf. is interested in developing a long-term, trusting cooperation which at the same time will bring economic benefits (e.g. regarding employment, consulting, tax, infrastructure, tourism) for the region of Vik i Mýrdal, its population and companies, and use natural resources to further advance decarbonization in the interest of the climate.

Construction industry worldwide - with particular focus on Europe

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