Norsk Hydro Sells Hydro Precision Tubing Lichtervelde To Aurelius Group
Norwegian aluminium smelter Norsk Hydro ASA announced earlier this week the sale of its subsidiary Hydro Precision Tubing Lichtervelde (HPTL)...
Norsk Hydro
Norsk Hydro Roars Back With Strong Q2 2021 Earnings
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...
Norsk Hydro Inks Agreement On Aluminium Recycling Plant In SW Michigan
Norwegian aluminium producer Norsk Hydro ASA announced that its subsidiary Hydro Aluminium Metal has signed a Letter of Intent (LoI)...
Norsk Hydro Teams Up With Eolus To Purchase Wind Power Project
Norwegian aluminium producer Norsk Hydro ASA’s dedicated renewables company Hydro REIN and Sweden’s wind power firm Eolus signed an agreement...
Events
Norsk Hydro’s Husnes Aluminium Smelter Running At Full Capacity For The First Time Since 2009
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 […]
Hydro Completes Sale Of Aluminium Rolling Business To KPS Capital Partners
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. […]
Norsk Hydro To Install Hydrogen Plants Alongside Aluminium Smelters In Partnership With Everfuel
Norwegian aluminium producer Norsk Hydro ASA said this week it has entered into a memorandum of understanding with Danish green hydrogen infrastructure firm Everfuel A/S to develop a partnership for developing and delivering renewable hydrogen. Per Hydro, the two companies aim to install and fuel hydrogen electrolyzers throughout Europe. The new firm would also aid […]
Norsk Hydro’s Bauxite Production Jumps By 9 Percent In The First Quarter
Norwegian aluminium producer Norsk Hydro ASA released results for the first quarter of 2021 this week. Strong extruded aluminium demand and a better overall price for primary aluminium helped buoy the period’s numbers. Revenue in the first quarter came to NOK31,951 million, up by 12 percent on the quarter and 1 percent on the year. […]
Norsk Hydro Signs MoU With New Fortress Energy For LNG Delivery To Alunorte Alumina Refinery
Norwegian aluminium producer Norsk Hydro ASA announced last week the signing of a memorandum of understanding with Brazilian firm New Fortress Energy (NFE) to provide liquefied natural gas to its Alumina do Norte do Brasil S.A. (Alunorte) alumina refinery. Per the firm, the new source of energy would replace a large portion of its current […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
