Mandatory Production Cuts At Alunorte Impact Norsk Hydro’s Bottom Line In Fourth Quarter
State-mandated production cuts at Alunorte and a spike in production costs took their toll on Norsk Hydro’s fourth quarter results,...
Svein Richard Brandtzæg
Despite Difficulties, Norsk Hydro Is Well Positioned To Capitalize On Changing Market: Brandtzæg
In a letter penned by President and CEO Svein Richard Brandtzæg, mandatory curtailment at Alunorte and a spike in raw material costs conspired to damage Norwegian aluminium smelter Norsk Hydro ASA’s bottom line last year. Noting that Extruded Solutions was fully integrated...
Full Production At Alunorte On The Horizon: Hydro CEO Brandtzæg
The world’s biggest alumina refinery may soon return to full production, though the process by which the plant achieves it...
Aluminium Demand Growth Blunted By Sanctions In 2019: Hydro’s Brandtzæg
Though still on the rise, trade sanctions and tariffs are likely to throw up a roadblock to aluminium demand growth...
Events
Norsk Hydro Plant In Netherlands Becomes First-Ever Extrusion Plant Certified By ASI
Norwegian aluminium smelter Norsk Hydro ASA announced yesterday that Hydro Hoogezand, its aluminium extrustion plant in Netherlands, has become the world’s first extrusion plant to obtain Performance Standard certification from global standards and certification organization The Aluminium Stewardship Initiative (ASI). Per Norsk Hydro, Hydro Hoogezand is the first of 15 plants the firm intends to […]
Despite Struggles At Alunorte, Norsk Hydro’s Third-Quarter Results Beat Forecasts
Norwegian aluminium smelter Norsk Hydro ASA released third-quarter results yesterday. The firm’s quarterly numbers surpass forecasts largely due to rising metal prices and despite continuing curtailments at the Alunorte alumina refinery. Hydro’s overall revenue for the quarter totaled NOK39,766 million, up by 74 percent on the year. Earnings before financial items and tax (EBIT) came […]
Sustainability In Aluminium Production Off To A Good Start, But More Is Needed: Hydro’s Brandtzæg
Though the industry has made significant strides in the past few decades in the direction of environmental responsibility, Norsk Hydro’s CEO Svein Richard Brandtzæg, much more is yet to be done. In an interview with Metal Bulletin on Wednesday, Brandtzæg said that there’s no going back to the pre-responsibility days, noting that the People’s Republic […]
Alunorte, Paragominas, And Albras Outages Pummel Norsk Hydro’s Q2 Numbers
Norsk Hydro reported numbers for the second quarter on Tuesday. The firm’s numbers suffered thanks to outages at key plants and increased cost of raw materials, but losses were mitigated somewhat by a rise in metal prices and gains in downstream and energy businesses. In the second quarter this year, Hydro mined 1,348 thousand metric […]
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 announcement yesterday, noting that the NOK4.3 billion site will provide a launch pad for the firm’s development of high-efficiency, low-pollution electrolysis of aluminium. At Karmøy the firm is testing a method for smelting primary aluminium […]
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 aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A ...
Aluminium Extrusions Are Winning The Race For Battery Enclosure In EVs
Battery enclosures for electric vehicles (also called frames, housings or battery packs) have a pretty straightforward purpose: holding and protecting ...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
