Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in...
Norwegian aluminium firm Norsk Hydro ASA announced this week its intention to build a state-of-the-art aluminium recycling plant in Cassopolis, Michigan. The plant is expected to have a nameplate capacity of 120 thousand metric tons of recycled aluminium per annum and employ...
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in...
Norwegian aluminium firm Norsk Hydro ASA announced this week its plans to install a new extrusion press at its aluminium...
Norwegian aluminium firm Norsk Hydro ASA announced this week plans to invest €11.3 million to increase the aluminium recycling capability...
Norwegian aluminium firm Norsk Hydro ASA released results for the second quarter of 2021 yesterday. Numbers for the quarter generally reflected the improved market for aluminium, with financial markers exceeding both the prior quarter and the prior year. In the year’s second quarter Hydro reported revenues of NOK34,559 million, better slightly on the quarter and […]
Norwegian aluminium smelter Norsk Hydro ASA announced earlier this week the sale of its subsidiary Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group. The move is part of the firm’s wider strategy of restructuring its Hydro Extrusions business area. The firm said that the sale would likely close by the end of the quarter. No […]
Norwegian aluminium producer Norsk Hydro ASA announced that its subsidiary Hydro Aluminium Metal has signed a Letter of Intent (LoI) to build a new US$120-million aluminium recycling plant in southwest Michigan. The firm said in a press release that the plant will convert aluminium scrap into aluminium ingot for use in the automotive, transportation, and […]
Norsk Hydro ASA’s Husnes aluminium smelter reached full capacity this week, more than a decade since the plant last ran at its nameplate capacity of 195 thousand metric tons per annum. Dignitaries and officials from Hydro and the nearby municipality of Kvinnherad were on hand to mark the occasion. The plant has run at partial […]
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 5,000 employees, most of whom are outside of Norway and located in Germany. […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...