Norsk Hydro’s Bauxite Production Jumps By 9 Percent In The First Quarter
Norwegian aluminium producer Norsk Hydro ASA released results for the first quarter of 2021 this week. Strong extruded aluminium demand...
Hilde Merete Aasheim
Hydro Completes Sale Of Aluminium Rolling Business To KPS Capital Partners
Norwegian aluminium producer Norsk Hydro ASA announced this week the successful closure of its sale of its rolling aluminium business to KPS Capital Partners. The sale included seven plants, a research and development center, several sales offices around the world, and about...
Norsk Hydro To Increase Hydrogen Power Use At Norwegian Plants
Norwegian aluminium producer Norsk Hydro ASA said last week that it is exploring opportunities to develop its hydrogen facilities in...
Extruded Aluminium Buoys Norsk Hydro Financial Results In 2020
Norwegian aluminium producer Norsk Hydro ASA released its annual report on Friday. Despite the challenges to the global economy and...
Events
Norsk Hydro Sells Aluminium Rolling Business To KPS Capital Partners For €1,380 MM
Norwegian aluminium producer Norsk Hydro ASA said yesterday it sold its aluminium rolling business to KPS Capital Partners for €1,380 million as part of the firm’s effort to shore up profitability and encourage sustainability. Hydro’s rolling business includes seven plants, a research and development center, global sales offices, and approximately 5,000 employees. The majority of […]
Norsk Hydro And Lyse Merge Hydropower Assets Into New Joint Partnership
Norwegian aluminium smelter Norsk Hydro ASA and compatriot industrial group Lyse announced earlier this week the formation of a joint hydropower company that will be the result of a merger of the two firms’ hydroelectric assets. The new company will operate under the name Lyse Kraft DA and feature an annual power production capacity of […]
Hydro’s Fourth Quarter Results Sag Thanks To Sluggish Demand And Anemic Metals Markets
Norwegian aluminium smelter Norsk Hydro ASA released results for the final quarter of 2019 on Friday. Falling demand and weak metals prices took its toll in the period, resulting in a tepid bottom line. In the prior quarter, Hydro posted an underlying EBIT of NOK560 million. Underlying EBIT for Bauxite & Alumina fell on the […]
Higher Upstream Production, Lower Raw Material Costs Buoy Difficult Quarter For Norsk Hydro
Norwegian aluminium giant Norsk Hydro ASA released results for the third quarter of 2019 yesterday. Financials were down overall due to a drop in aluminum and alumina prices, but higher upstream production and lower raw material costs helped to temper those downward pulls on profitability in the quarter. In the just-ended quarter Hydro reported a […]
Brazilian Court Lifts Second Of Two Embargoes At Alunorte
Brazil’s federal court lifted the final embargo on the waste disposal unit at Alumina do Norte do Brasil S.A. (Alunorte) on Thursday, drawing to a close the 19-month production curtailment at the site and paving the way for the world’s most prolific alumina refinery to resume full production. Thursday’s action to remove the criminal suit’s […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
