Norsk Hydro Says Aluminium Plant In Slovakia In Trouble Without Help With CO2 Tax
Norwegian aluminium producer Norsk Hydro ASA said yesterday that it may be forced to close its jointly-owned aluminium plant in...
Norsk Hydro
Hydro Rein To Collaborate With Green Investment Group On Brazilian Solar/Wind Power Project
Norwegian aluminium producer Norsk Hydro ASA’s subsidiary Hydro Rein has signed an agreement with Macquarie Asset Management’s Green Investment Group (GIG) to build a 586 MW combined wind and solar project called Feijão in northeastern Brazil. Per the firm, the project will...
Norsk Hydro Plans NOK320 MM Upgrade To Karmøy Aluminium Smelter
Norwegian aluminium producer Norsk Hydro ASA announced plans this week to invest NOK320 million (US$32.7 million) in upgrades to its...
Norsk Hydro Inks Ten Year Wind Power Deal With Telenor
Norwegian aluminium producer Norsk Hydro ASA’s subsidiary Hydro Energi AS signed a ten-year power purchase agreement (PPA) with Norwegian telecommunications...
Events
Norsk Hydro Begins Construction Of New Aluminium Recycling Plant In SW Michigan
Norwegian aluminium producer Norsk Hydro ASA broke ground last week on a new US$150 million aluminium recycling plant in Cassopolis, Michigan. According to Hydro, the plant’s nameplate capacity will be 120 thousand metric tons of low-carbon aluminium extrusions per annum. Production is slated to begin next year, and the plant will create about 70 jobs […]
Norsk Hydro Restarts Albras Liquid Aluminium Potline After February Power Outage
Norwegian aluminium producer Norsk Hydro ASA has restarted operations at Albras Alumínio Brasileiro S.A. aluminium smelting plant in Brazil. The plant briefly closed about 75 percent of its production due to a power outage in the region in mid-February. Three of the plant’s four total potlines remained in production throughout the power outage. However, Line […]
Norsk Hydro Inks US$200 MM Sustainability Linked Loan For Switch To Natural Gas At Alunorte
Norwegian aluminium producer Norsk Hydro ASA has obtained a US$200-million sustainability-linked loan to fund a switch of the company’s fuel from heavy oil to natural gas, a more sustainable source that will help it achieve greenhouse gas reduction targets. The project will see the Alunorte alumina refinery in Brazil undergo the switch, which is expected […]
Norsk Hydro Commissions New Electric Steam Boiler At Alunorte Alumina Refinery
Norwegian aluminium producer Norsk Hydro ASA announced last week that its Alunorte alumina refinery in Brazil began operation of the plant’s first electric boiler. Hydro says the new boiler is expected to cut the plant’s carbon emissions by 100 thousand metric tons per annum. The new electric boiler at Alumina do Norte de Brasil S.A. […]
Albras Power Failure Halts One Quarter Of Albras Aluminium Smelting Capacity
Norwegian aluminium producer Norsk Hydro ASA says a power failure in Brazil over the weekend resulted in the shutdown of one of the four smelting lines at Albras aluminium smelter. In a statement, Hydro said the internal power distribution failure occurred Saturday morning local time. As a result, the 110 thousand metric tons per annum […]
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 ...
