Hydro Energi and Statkraft have signed a long-term power purchase agreement (PPA) securing an annual electricity supply of 876 GWh from 2031 to 2040. The agreement will provide Hydro with around 8.8 TWh of power during the contract period, with deliveries planned in Norway’s electricity price area...
The future of Bell Bay Aluminium smelter in Tasmania remains dependent on the outcome of negotiations over its electricity supply agreement. Federal Industry Minister of Australia Tim Ayres has stopped short of committing federal funding similar to the support extended to the Tomago aluminium...
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In July 2024, the global aluminium industry experienced a month of significant developments and milestones. Industry leaders celebrated substantial investments in sustainability, with major projects focused on enhancing recycling capacities and reducing carbon footprints. Companies like Speira and...
On Tuesday, July 23, Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, headquartered in Oslo, posted its second quarter results for 2024, revealing a 7 per cent sequential increase in revenue to NOK 50,944 million versus NOK 47,545 million in Q1. However, on a year-on-year basis,...
The Tiwai Point Aluminium Smelter, owned by Rio Tinto and the Sumitomo Group, has decided to reduce its power consumption by 185 megawatts, which is about 4 per cent of the country's energy usage. According to a report, the Tiwai Point Aluminium Smelter's decision is based on historically low hydro...
On July 9, 2024, Hydro reported a fatal accident of a contractor at its joint venture primary aluminium-producing company Albras. The accident happened while the contractor was performing maintenance on an electrolysis cell. However, to determine the root cause of the incident, Hydro has already...
The Norwegian aluminium giant Hydro is recognised globally as one of the leading producers of low-carbon aluminium. In a recent collaboration with Porsche (the German sports car manufacturer), Hydro intensified its partnership to further decarbonise Porsche's sports car supply chain. The agreement,...
According to a recent report, Capral Aluminium, Australia’s largest extruder and distributor of industry-leading aluminium products, has secured its first ASI Chain of Custody (CoC) certified shipment from the Norwegian aluminium company Hydro. Receipt of the first ASI-certified aluminium...
Hydro will conduct a three-year industrial-scale pilot at Hydro Høyanger, Norway, and test green hydrogen technology in their new recycling unit. This initiative aims to replace fossil energy, particularly liquid natural gas, in the remelting process of 100 per cent post-consumer scrap aluminium....
In a pilot project, Fagerhult and Hydro Extrusion Sweden explored circular processes for reusing aluminium, focusing on efficiency and preserved material properties. With the goal of reusing high-quality, extruded aluminium from end-of-life luminaires in the future, Fagerhult, together with Hydro,...
Hydro has finalised the sale of 49.9 per cent of its renewable energy subsidiary, Hydro Rein, to Macquarie Asset Management. Initially announced in October 2023, this transaction marks a significant milestone in Hydro's strategy to expand its renewable energy portfolio. The transaction has assigned...
China's aluminium production reached an all-time high last month as smelters resumed operations, potentially setting the stage for further price declines following a two-year peak in May. Improved hydropower reserves in Yunnan Heavy rains have replenished hydropower reserves in Yunnan, enabling...
Aluminium has increasingly become pivotal across diverse industries due to its versatility, lightweight properties, and sustainability. From cans to bicycle frames, aluminium's adaptability and capacity to enhance product performance underscore its critical role across various end-use sectors....
A partnership that began in 2023 has finally yielded results this year. Hydro, the Norwegian aluminium and renewable energy company, joined forces with London-based bicycle manufacturer Brompton to incorporate Hydro's low-carbon aluminium into Brompton's bicycle lineup. Finally, in 2024, Brompton...
Hydro, the Norwegian aluminium and renewable energy company, is set to invest EUR 14.8 million in upgrading the recycling facilities at its extrusion plant located in Atessa, Italy. This substantial investment aims to facilitate the production of Hydro CIRCAL recycled aluminium. About the project...
Norsk Hydro, a Norwegian aluminium and renewable energy company, emphasises the importance of transparency regarding the environmental impact of the materials and products it offers to its customers and partners. To support this commitment, Hydro has released environmental data for 22 manufacturing...
In the wake of an increased demand for low-carbon aluminium to advance sustainability, Norsk Hydro has decided to strengthen the capacity of its Henderson recycling plant in Kentucky by building a new casting line. Built-in 1999, this plant is Hydro’s first recycling facility, and over time, it has...
In a move towards zero emissions, Hydro Extrusion in Sweden has commenced on-site renewable energy production. The ultimate goal is fully transitioning to 100 per cent locally produced renewable energy for operating Hydro's extrusion plants in Vetlanda and Finspång. The main aim is to extrude...
Hydro Aluminium UK Ltd, a prominent subsidiary of the global aluminium giant Norsk Hydro, has showcased its unwavering dedication to health and safety, achieving significant recognition in the UK's premier health and safety awards. At the RoSPA Awards, Hydro Aluminium UK Ltd garnered a Gold...
On May 15, 2024, Oslo's burgeoning fleet of floating saunas welcomed its newest flagship, Trosten, featuring a universal design aimed at inclusivity and an innovative façade crafted from Hydro CIRCAL. Crafted using Hydro CIRCAL, a revolutionary material comprising a minimum of 75 per cent recycled...
