Norsk Hydro ASA

Norsk Hydro Places NOK3,000 MM New Sustainability-Linked Bonds

Norsk Hydro Places NOK3,000 MM New Sustainability-Linked Bonds

Norway’s aluminium titan Norsk Hydro ASA announced the successful placement this week of NOK3,000 million (US$302.7 million) new senior unsecured sustainability-linked bonds, split into two equal tranches. Per the firm, Hydro divided the placement into 6-year NOK 1,500 million with a floating...

Events

Hydro Begins New Bauxite Mining Front At Paragominas With BRL590 MM Capital Investment

Norwegian aluminium producer Norsk Hydro ASA announced a planned BRL590 million (US$110.7 million) investment in its Miltônia 5 (M5) project at Paragominas bauxite mine in Brazil. Noting the significant positive contribution the Paragominas bauxite mine has provided the local community, Hydro says the investment will kick off a new mining front at the mine that […]

Hydro Closes Deal With Elkem And Altor For Sustainable Battery Materials Firm Vianode

Norwegian aluminium producer Norsk Hydro ASA announced yesterday the closing of a deal with Norwegian advanced material solutions provider Elkem and Altor Equity Partners for a stake in sustainable battery materials manufacturer Vianode. Hydro announced the deal this spring, which has Hydro and Altor purchasing 30 percent each of Vianode, and Elkem buying the remaining […]

Workers Go On Strike At Hydro Sunndal Aluminium Plant

Negotiations between the union representing Norwegian aluminium producer Norsk Hydro ASA’s labor force at Hydro Sunndal and plant management broke down last week, leading to a strike that is set to commence tomorrow. Hydro says that negotiations with labor union Industri Energi and Norsk Industri representing management during mediation sessions on August 13 led to […]