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...
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...
A February deal between Norwegian aluminium firm Norsk Hydro A.S.A. and Anglo-Australian mining giant Rio Tinto Group to buy Rio...
Though the industry has made significant strides in the past few decades in the direction of environmental responsibility, Norsk Hydro’s...
Norsk Hydro reported numbers for the second quarter on Tuesday. The firm’s numbers suffered thanks to outages at key plants...
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 […]
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 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 […]
Texas’ Austin AI and aluminium producer Norsk Hydro announced a partnership to develop technology for sorting automotive aluminium alloys. The technology to be developed may lead to greater efficiency in automotive recycling. AAI uses laser induced breakdown spectroscopy (LIBS) to sort aluminium alloys. The firm says that their methods are superior to other such applications […]
Norsk Hydro announced yesterday that Silvio Porto has been appointed the new Executive Vice President Bauxite and Alumina and has been added as a member of Hydro’s Corporate Management Board. The nomination took effect yesterday as well. Porto, who is a native of Belém, the capital and largest city of the Brazilian state of Pará, […]
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 ...