Norsk Hydro Brings Final Electrolysis Cell Online at Karmøy Technology Pilot Plant
The full compliment of 60 electrolysis cells are now online at Norsk Hydro A.S.A.’s Karmøy technology pilot. Hydro made the...
Norsk Hydro
Norsk Hydro Inks Long-Term Wind-Power Deal for Domestic Aluminium Production
Norwegian aluminium producer Norsk Hydro A.S.A. announced yesterday that its wholly-owned subsidiary Hydro Energi AS has entered into a new power agreement with Tonstad Vindpark AS to fuel its aluminium-smelting operations with wind-generated energy. The contract, which has a 25-year term, begins...
Qatar Petroleum to List 49 Percent of Its Shares in Qamco on Qatar Exchange
In an effort at boosting private sector participation in the joint venture, Qatar Petroleum announced this weekend that it plans...
Mandatory Cuts at Alunorte Mar Norsk Hydro’s Positive Numbers in Q1
Though Norsk Hydro A.S.A. returned higher overall numbers for the first quarter, the mandated capacity cut at Alumina do Norte...
Events
Norsk Hydro Weighing Force Majeure Declaration on Rusal Contracts
With the ink scarcely dry on a similar announcement by Rio Tinto Group, Norsk Hydro A.S.A. revealed on Friday that it may be forced to declare force majeure on certain contracts it has with U.C. Rusal. Hydro told investors that the sanctions levied upon Rusal by the United States government may prevent it from fulfilling […]
U.S. Sanctions and Brazilian Flooding May Pose Dire Situation for Aluminium Market: Hydro’s Brandtzæg
Thanks to the United States government’s sanctions upon the world’s second-biggest aluminium producer and mandated production cuts at his own company’s operations, the head of Norsk Hydro says that the global aluminium market may soon find itself mired in significant supply shortage. Hydro’s President and CEO Svein Richard Brandtzæg said as much in an interview […]
High Prices, Scarcity, and Uncertainty Bedevil the Global Alumina Market Thanks to U.S. Sanctions on Rusal
Much of the focus of attention in the aluminium world regarding the fallout from United States government sanctions against Rusal has been focused upon their effect on raw aluminium, and rightly so. However, the bigger impact to date has been felt in the alumina market, which has seen prices balloon as panic buying takes hold. […]
Pair of Independent Investigations Find No Pollution by Alunorte
Norsk Hydro A.S.A. reported the findings of two reviews of the ongoing situation at Alumina do Norte do Brasil S.A.’s (Alunorte) refining plant, both of which confirm the company’s contention that the plant released no toxins during a flooding event several weeks ago. The two reports, of which one was a review by an internal […]
Norsk Hydro Completes US$10-MM Deal for Alcoa’s Twin Aluminium Extrusion Plants in Southern Brazil
Norwegian aluminium producer Norsk Hydro A.S.A. announced yesterday the completion of its purchase of two aluminium extrusion plants originally owned by Arconic in southern Brazil. The US$10-million deal dovetails with Hydro’s stated aim of increasing its presence in the field of extruded aluminium according to a statement released on the occasion of the sale. Hydro […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
