Our
factory

Founded in 2023, the technology is built around Njörður's novel production process for extracting magnesium from seawater. Our method is a breakthrough innovation and inherently carbon-neutral. 

This vision unlocks the vast potential of magnesium by harnessing the power of the sea and Iceland’s clean renewable energy. 

In an industry historically defined by high emissions and environmentally harmful practices, Njörður stands apart. Our process eliminates the need for mining and fossil-fueled thermal reduction, replacing them with a clean, electrified pathway driven by Iceland’s clean and renewable geothermal power. The result is a new paradigm for magnesium production, that dramatically reduces environmental impact while delivering a critical material to our customers.

Contact
us
Stefán Ás Ingvarsson

Stefán Ás Ingvarsson

stefan@njordur.com

CEO, Co-founder

Áshildur Friðriksdóttir

Áshildur Friðriksdóttir

ashildur@njordur.com

Co-founder

Sigurður Hrannar Björnsson

Sigurður Hrannar Björnsson

sigurdur@njordur.com

COO

Friðrik Steinn Kristjánsson

Friðrik Steinn Kristjánsson

Chairman of the board

Njörður ehf.

Addressa 12

500 Grundartangi

Iceland

s. 123 456