Norsk Hydro Announces US$100 Million Expansion To Automotive Aluminium Plant In Eastern Pennsylvania
Norwegian aluminium producer Norsk Hydro ASA announced late last week its plans to expand automotive aluminium production at a plant...
Norsk Hydro aluminium
Despite Difficulties, Norsk Hydro Is Well Positioned To Capitalize On Changing Market: Brandtzæg
In a letter penned by President and CEO Svein Richard Brandtzæg, mandatory curtailment at Alunorte and a spike in raw material costs conspired to damage Norwegian aluminium smelter Norsk Hydro ASA’s bottom line last year. Noting that Extruded Solutions was fully integrated...
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...
Norsk Hydro Calls Off US$345-MM Deal To Purchase ISAL From Rio Tinto
A February deal between Norwegian aluminium firm Norsk Hydro A.S.A. and Anglo-Australian mining giant Rio Tinto Group to buy Rio...
Events
Sustainability In Aluminium Production Off To A Good Start, But More Is Needed: Hydro’s Brandtzæg
Though the industry has made significant strides in the past few decades in the direction of environmental responsibility, Norsk Hydro’s CEO Svein Richard Brandtzæg, much more is yet to be done. In an interview with Metal Bulletin on Wednesday, Brandtzæg said that there’s no going back to the pre-responsibility days, noting that the People’s Republic […]
Alunorte, Paragominas, And Albras Outages Pummel Norsk Hydro’s Q2 Numbers
Norsk Hydro reported numbers for the second quarter on Tuesday. The firm’s numbers suffered thanks to outages at key plants and increased cost of raw materials, but losses were mitigated somewhat by a rise in metal prices and gains in downstream and energy businesses. In the second quarter this year, Hydro mined 1,348 thousand metric […]
Low-carbon Aluminium Boosts Industry’s Green Credentials
Global warming remains one of the leading critical global issues – emphasised in the last Paris accord and this month’s COP23 summit in Bonn. The carbon equivalent (CE), as a measure of how much CO2 is produced by any activity, is now accepted as a crucial major index of environmental performance, not least for the […]
Norsk Hydro’s Q4 Numbers Up Thanks to Improved Aluminium, Alumina Prices
Norway’s Norsk Hydro ASA released results for the fourth quarter and the full year of 2016 yesterday. The firm credits higher numbers for the quarter to higher prices for aluminium and alumina. Hydro’s revenue for the quarter was NOK21.250 million, up five percent quarter-on-quarter from the third quarter’s total of NOK20.174 million. Earnings before financial […]
Norsk Hydro Inks Agreement to Pursue Use of LNG at Brazil’s Alunorte Refinery
Norsk Hydro and the Brazilian state of Pará have entered into a Letter of Intent, and Hydro and Shell Brasil Petróleo LTDA have signed a Memorandum of Understanding, both of which are aimed at transitioning the fuel supply for the Alunorte aluminium smelter from fuel oil to liquefied natural gas (LNG). The Letter of Intent […]
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 a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
