Hilde Merete Aasheim

Higher Upstream Production, Lower Raw Material Costs Buoy Difficult Quarter For Norsk Hydro

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...

Events

Second And Final Production Embargo At Alunorte Lifted By Brazilian Court

The last remaining production embargo at Alumina do Norte do Brasil S.A. (Alunorte) is a thing of the past after the Brazilian federal court in Belem vacated it on Monday. Norsk Hydro made the announcement yesterday of the embargo’s end, noting that the criminal lawsuit from which it sprung still continues. Additionally, embargoes on use […]

Hydro To Invest US$172 MM In Upgrades To Idled Line At Husnes

Norwegian aluminium smelter Norsk Hydro ASA announced yesterday a final build decision on a plan to invest NOK1.4 billion (US$172 million) in a project to double production at its aluminium plant in Husnes, Norway. Per the press release, Hydro’s expansion project will include the upgrade and start-up of the plant’s second line, which has been […]

Norsk Hydro Brings Final Electrolysis Cell Online at Karmøy Technology Pilot Plant

The full compliment of 60 electrolysis cells are now online at Norsk Hydro A.S.A.’s Karmøy technology pilot. Hydro made the announcement yesterday, noting that the NOK4.3 billion site will provide a launch pad for the firm’s development of high-efficiency, low-pollution electrolysis of aluminium. At Karmøy the firm is testing a method for smelting primary aluminium […]