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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Norsk Hydro, a leading aluminium and energy company, is reportedly investing EUR 180 million in constructing a new state-of-the-art aluminium recycling plant in Torija, Spain, in a bid to increase its low-carbon aluminium offerings in Europe and pave the path to green transition. The new recycling...
Press Metal has successfully obtained ASI Performance Standard V3 (2022) Certification for its subsidiary, Press Metal Sarawak Sdn Bhd, in Sarawak, Malaysia. This achievement comes after the prior certification of another subsidiary, Press Metal Bintulu Sdn Bhd, marking it as the inaugural smelting...
Hydro has joined the newly introduced "green" supplier database of the First Movers Coalition (FMC), playing a role in empowering the world's most ambitious companies to pursue climate action. Recognized for its ground-breaking low-carbon aluminium, Hydro stands out among the esteemed suppliers,...
In pursuit of a more sustainable operational approach, Hydro Alunorte, has recently added ten electric vehicles to its fleet, marking a significant step in its decarbonisation strategy. Setting its sights on an ambitious target, Hydro Alunorte aspires to emerge as a beacon of eco-friendliness,...
Amid global challenges in waste management and resource conservation, these 13 companies are leading the way in transforming the aluminium recycling landscape. They are reshaping the industry and making significant contributions to a greener and more eco-friendly future. Novelis Inc.: As part of...
On January 12, 2024, Norwegian aluminium giant Hydro announced that 20 employees at a Swedish plant are at risk of potential job loss due to a dispute between the IF Metall labour union and electric vehicle manufacturer Tesla. In November 2023, unionised workers at Hydro Extrusions Vetlanda halted...
Tesla, a commendable force in electric vehicles (EVs), faces a disruption in its car production at the Gruenheide factory near Berlin. The halt, from Jan. 29 to Feb. 11, stems from the Red Sea crisis, with Iranian-backed Houthi militants targeting vessels, causing a shift in transport routes. This...
Hydro is advancing its commitment to achieving zero CO2 emissions in aluminium production by implementing emission-free plasma technology in the Sunndal cast house. The Norwegian Government has provided soft funding for this innovative project, recognising its potential to significantly impact...
Hydro Paragominas in Para, a bauxite mining company, has reportedly partnered with Irmen Máquinas to acquire two 100 per cent electric SANY SKT90E trucks, each with a bauxite loading capacity of 60 tonnes. Hydro is increasing its electric transport fleet as part of the 2030 decarbonisation...
The biggest development of the twenty-first century is the international recognition of global warming and its adverse effects on the Earth's climate. Excessive carbon emissions or GHG footprints primarily cause overheating of the atmospheric dome, which may cause the protective ozone layer to...
Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, reports estimated impairment losses of NOK 5.9 billion for the fourth quarter of 2023 to be ended on December 31. Challenging alumina market condition coupled with Australian power price insecurity caused this loss to Hydro. “The...
Introduction RIA Cast House Engineering provides precision rail-mounted casthouse-proven charging and skimming equipment for aluminium casthouses worldwide. The design and development of all RiA Machines take reliability, durability, maintenance, and occupational safety into account. RiA has...
Aluminium is the second most commonly used metal after steel in modern societies, and due to its versatile properties, it has seen a significant increase in use in transportation, building, packaging, and electrical engineering in recent decades. In the ongoing global effort to combat climate...
Energy Transition Changemakers is an initiative led by the COP28 UAE Presidency that seeks to promote cooperation among private sector entities in implementing innovative and internationally scalable solutions to reduce carbon emissions. As per the information, Hydro was acknowledged by the COP28...
On Saturday, December 2, Norsk Hydro and Volvo Group announced from the COP28 platform that they entered a strategic partnership to support each other’s journey towards zero emission value chains. They signed the partnership agreement under the World Economic Forum’s First Movers Coalition. Hydro...
The 28th UN Climate Change Conference of the Parties (COP28) is an event that brings together experts, activists, and stakeholders worldwide to address climate change issues. The discussions will include sustainable practices, reducing emissions, and the role of industries in achieving climate...
Norsk Hydro signed an agreement with Sanvira Tech LLC to ensure a consistent supply of carbon anodes from Oman for its Norwegian aluminium smelters. The deal stipulates an initial offtake duration of 8 years and will include a maximum of 25 per cent of the total annual use of about 600,000 tonnes...
According to the latest update, Norsk Hydro has completed the transaction of US$1.11 billion with Glencore for the sale of 30 per cent interest in Alunorte alumina refinery and 5 per cent interest in Brazilian bauxite producer and exporter Mineracão Rio do Norte (MRN). The transaction also includes...
