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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Developed jointly by Thomas Cappelen Malling and Sjur Stangebye-Hansen, Radium Instruments, the Norwegian watch brand known for using Hydro aluminium, has now taken a step further by incorporating Hydro CIRCAL's recycled aluminium into its watch cases. In its latest collection, the watch cases are...
Abiding by the commitment to lead and empower the metal production industry’s shift towards full sustainability, Bathco, in collaboration with its technology arm Metsol, has entered into a multi-year partnership with Alucam to help it with the integration of the APC+, a next-generation, smart Pot...
Norwegian aluminium and energy giant Norsk Hydro recently announced Eivind Kallevik's appointment as its new President and CEO. Eivind officially commenced his role on May 13, unveiling his plan to expedite Hydro's strategy of spearheading the shift to sustainable aluminium production by leveraging...
The European Commission has greenlit Macquarie Asset Management's acquisition of a 49.9% share in Hydro Rein, the renewable energy arm of Norsk Hydro ASA. This strategic move signals a significant development in the renewable energy landscape and underlines the growing importance of sustainable...
In the verdant landscapes of China’s southwest, a grand quest to transform the aluminium industry into a flagbearer of sustainability encounters turbulent waters. Reuters reports on the challenges faced by major players like China Hongqiao Group amidst erratic rainfall, shifting capacities, and the...
On May 7, 2024, Norsk Hydro, a Norwegian aluminium and renewable energy company, announced that its nomination committee elected Jane Toogood and Espen Gundersen as new members of the Board of Directors. This announcement followed the release of Hydro’s Annual General Meeting minutes. Berit Ledel...
The global heavy metal industry is undergoing a significant transformation. It is prioritising the use of recycled materials to eradicate carbon emissions and promote sustainable practices. In response to escalating environmental concerns and climate volatility, international heavy metal brands are...
The aluminium downstream sector plays a critical role in the processing and utilization of aluminium, a versatile and lightweight metal with a wide range of applications. In 2024, the forecast for the downstream aluminium sector presents a blend of challenges and opportunities. The looming...
Norsk Hydro's first quarter CY2024 report, released on Wednesday, April 24, highlighted a challenging financial performance attributed to depreciated aluminium sales prices, lower aluminium extrusion sales volumes, and lower recycling margins. The company's revenue was generated at NOK 47,545...
Norsk Hydro, a Norwegian aluminium and renewable energy company, has reportedly planned to invest NOK 180 million in developing a state-of-the-art aluminium scrap sorting facility at its recycling plant in Wrexham, UK. As per the report, the facility will be able to source and sort over 30,000...
Hydro Extrusions recently bolstered its extrusion capabilities in Rackwitz, Germany, with the introduction of a third extrusion press line, officially operational in late 2023. This €11 million initiative encompasses the installation of a cutting-edge 22 MN, 8-inch upcycled extrusion press,...
Delving into the heart of sustainable aluminium production, Hydro unveils an enigmatic project with its latest investment of NOK 240 million in a cutting-edge recycling facility nestled near its primary aluminium plant in Høyanger. Mayor of Høyanger - Petter Sortland, Executive Vice President of...
As the world travels toward a greener future, sustainable initiatives are on the rise. Throughout the last few months, there have been incredible sustainability-aligned advancements in the aluminium industry at large. This article charts such noble green drives spread across the entire aluminium...
Norwegian aluminium and renewable energy giant Hydro has partnered with a team of esteemed designers to showcase the innovative potential of Hydro CIRCAL 100R at Milan Design Week 2024. This event marks a significant milestone in sustainable design, as Hydro CIRCAL 100R stands as the first...
Hydro Energi AS has reportedly entered into a long-term power purchase agreement (PPA) with Alpiq, a Swiss energy provider. As per the contract, Hydro will secure 0.54 TWh of renewable energy from Alpiq during 2025-2033. The power purchase agreement is part of Hydro’s Nordic power portfolio, which...
Norsk Hydro ASA, the world’s leading Norwegian aluminium and renewable energy company, has reportedly incorporated a recycling unit in its Ardal primary aluminium smelter in Norway. As per the report, the company has invested NOK 100 million in deploying a recycling technology, as an effort to...
Aiming to achieve its global decarbonisation goals - a 10 per cent reduction in carbon emissions in all operations worldwide by 2025 and 25 per cent by 2030 - Hydro is investing R$1.6 billion in projects to decarbonise its operations of alumina production and bauxite extraction in the state of...
Paul Warton (born in 1961, a British citizen) is Executive Vice President and Head of Hydro Extrusions, a position he has held since 2021. Prior to that, Warton was President of Extrusions & Automotive Structures, Constellium (2010-2020). He has 30 years of experience in the global aluminium and...
