Norsk Hydro Inks 1,300 GWh Renewable Power Contract With Hafslund Eco
Norwegian aluminium producer Norsk Hydro ASA signed a new six-year long-term power purchase agreement (PPA) with renewable power provider Hafslund...
Norsk Hydro
Norsk Hydro Makes List Of Fortune’s Most Admired Companies In 2022
Norwegian aluminium producer Norsk Hydro ASA was included in this year’s list of Fortune’s World’s Most Admired Companies. Hydro made the list as one of only three Scandinavian countries, joining Denmark’s shipping company Maersk and Swedish automotive manufacturer Volvo. Hilde Merete Aasheim,...
Hydro’s Slovalko Aluminium Smelter To Cut Capacity By 35 Thousand MTPA
Norwegian aluminium producer Norsk Hydro ASA announced this week that it will make deeper cuts to production at its primary...
Norsk Hydro To Invest NOK60 MM At Årdal Aluminium Smelter
Norway aluminium producer Norsk Hydro ASA announced this week NOK60 million (US$6.6 million) in improvements to Årdal aluminium smelter’s electrolysis...
Events
Hindalco Purchases Kuppam Aluminium Extrusion Plant From Norsk Hydro For US$33 MM
Norway aluminium producer Norsk Hydro ASA has agreed to sell its Kuppam extrusion plant to Hindalco for US$33 million according to announcements by both companies earlier this week. The firms say the deal is an asset sale that will incur no debt. The fully integrated facility in Andhra Pradesh boasts a capacity of 15 thousand […]
Norsk Hydro Plans NOK750 MM Upgrade To Sunndal Aluminium Smelter
Norwegian aluminium firm Norsk Hydro ASA announced this week its plans to invest NOK750 million (US$82.4 million) at its Sunndal plant’s capacity for low-carbon aluminium. Hydro said the investment would come in the form of replacing and upgrading its high-voltage rectifier system, installing new service cranes, and electrifying certain operating vehicles at the plant. The […]
Norsk Hydro Plans New Aluminium Recycling Plant For Southwest Michigan
Norwegian aluminium firm Norsk Hydro ASA announced this week its intention to build a state-of-the-art aluminium recycling plant in Cassopolis, Michigan. The plant is expected to have a nameplate capacity of 120 thousand metric tons of recycled aluminium per annum and employ around 70 workers. Hydro says the plant will produce its low-carbon CIRCAL line […]
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 for the country’s infrastructure over the next five years and will provide funding […]
Norsk Hydro Posts Record High Adjusted EBITDA In Third Quarter
Norwegian aluminium producer Norsk Hydro ASA released financial and production results for the third quarter of 2021 last week. The firm delivered record results as it achieved its targets set for the quarter, thanks in large part to higher all-in prices for aluminium and alumina. Revenue for the quarter came to NOK36,710 million, up by […]
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 ...
