Elkem plans to spend USD 200 million (NOK 1.8 billion) through 2003 modernising its aluminium plant at Mosjøen on Norways west coast. The idea is to nearly double the productivity of Elkems workforce. The Mosjøen smelting plant is already considered one of the industrys most efficient facilities in terms of operational costs. Norway produces about a million tonnes of aluminium yearly, about 4 percent of the worlds production. When the Mosjøen plant is upgraded it will account for a quarter of Norways production.