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...
Norsk Hydro
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,...
Norsk Hydro To Increase Hydrogen Power Use At Norwegian Plants
Norwegian aluminium producer Norsk Hydro ASA said last week that it is exploring opportunities to develop its hydrogen facilities in...
Norsk Hydro Plans Expansion Of Its On-Site Aluminium Recycling Program
Norwegian aluminium producer Norsk Hydro ASA announced last week its plans to expand a program of directly recycling aluminium from...
Events
Extruded Aluminium Buoys Norsk Hydro Financial Results In 2020
Norwegian aluminium producer Norsk Hydro ASA released its annual report on Friday. Despite the challenges to the global economy and the worldwide aluminium market, the firm reported strong results even in the face of coronavirus’s impact. For the year 2020 Hydro reported income of NOK138,118 million, down from the prior year’s income of NOK149,766 million. […]
Norsk Hydro Sells Aluminium Rolling Business To KPS Capital Partners For €1,380 MM
Norwegian aluminium producer Norsk Hydro ASA said yesterday it sold its aluminium rolling business to KPS Capital Partners for €1,380 million as part of the firm’s effort to shore up profitability and encourage sustainability. Hydro’s rolling business includes seven plants, a research and development center, global sales offices, and approximately 5,000 employees. The majority of […]
Norsk Hydro And DNV GL Collaborate On Blockchain Product Documentation System For Low-Carbon Aluminium Offerings
Norwegian aluminium producer Norsk Hydro ASA and independent global assurance provider DNV GL announced a partnership this week to develop a blockchain system for documenting product representations regarding their low-carbon aluminium products. Hydro cited the growing demand for more sustainable products, which consequently increases the desire for accurate representations regarding the product’s origins and production. […]
Brazilian Group Sues Norsk Hydro Over 2018 Alunorte Spill
Tens of thousands of Brazilian residents have joined in a class-action lawsuit against Norwegian aluminium producer Norsk Hydro ASA for allegedly being harmed by a wastewater release in the state of Para three years ago. The suit is being brought on behalf of about 11,000 families of the Cainquiama – the Amazon Association of Mixed […]
Norsk Hydro Begins Pilot Project For New Low-Energy Aluminium and Silicon Recycling Technology
Norwegian aluminium producer Norsk Hydro ASA announced yesterday a project with circular economy start-up Nuvosil to develop a new method for recycling aluminium and silicon that could cut processing costs and energy consumption by up to 90 percent. Hydro says the foundation for this new technology is a unit for screw extrusion of metal materials. […]
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 ...
