Business

Norsk Hydro Secures US$210 MM Loan To Support Brazil Solar Power Plant

Norsk Hydro Secures US$210 MM Loan To Support Brazil Solar Power Plant

Norway’s aluminium titan Norsk Hydro ASA said this week that its subsidiary Hydro Rein’s joint venture with Atlas Renewable Energy for the development of the Boa Sorte Solar plant secured a loan indexed to the US dollar from Brazil’s development bank Banco...

Events

Rusal Seeks To Grow Low-Carbon Aluminium Sales To China

Russian Federation aluminium giant UC Rusal is mulling increasing its presence in the People’s Republic of China’s low-carbon aluminium market, drawn by increased demand for it in the electric vehicles sector and a friendlier business climate. On Friday, Huang Wenqian, vice president at Rusal Shanghai Economic and Trade Company Limited, was confident that Rusal would […]

Norsk Hydro Invested NOK3 Billion In Green Transition Projects In Last Two Years

Norway’s aluminium titan Norsk Hydro ASA said this week that it has invested NOK3 billion (US$306 million) in five of its aluminium smelters to date, with plans in the coming years to continue such investments. The firm said in the past two years it has made substantial green investments in Karmøy, Husnes, Høyanger, Årdal, and […]

Kaiser Aluminum Releases 2021 Sustainability Report

American aluminium firm Kaiser Aluminum released its 2021 Sustainability Report this week in which it described its environmental, social, and governance programming and development. The report elaborates upon Kaiser Aluminum’s long-term efforts to continue to grow in a responsible manner. Keith A. Harvey, President and Chief Executive Officer, noted in a press release that the […]