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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UK-based Optima’s New York counterpart, PurOptima has declared that from now on all its glass and aluminium wall partitions or doors would consist of aluminium with recycled content, choosing Norsk Hydro’s Circal for this sustainable ideation. Norway-based Hydro anoints PurOptima as an...
The Greener Sweden Project, started by Hydro in 2022, an ambitious energy project to remove local carbon emissions from the region, has been started. The installation of solar panels and battery storage at Hydro's Swedish extrusions facilities in Vetlanda, Sjunnen, and Finspång has begun. The...
Hydro Alunorte has signed a wind power purchase agreement (PPA) in addition to using solar energy for aluminium manufacturing, which aims to bolster the decarbonisation plan of the Norwegian Aluminium Company. The newly signed project is called the Ventos de São Zacarias project. Investments in...
According to a report on Thursday, August 10, Russian aluminium stocks have posted an 81 per cent growth on the London Metal Exchange-approved warehouses for July 2023 compared to an 80 per cent increase in June. At the end of July 2023, Norsk Hydro wrote a letter to the London Metal Exchange to...
Hydro has allocated NOK 67 million (equivalent to EUR 6 million) to improve its aluminium extrusion factory in Lucé, France. This investment will cover the purchase of new equipment, structures and infrastructure upgrades, as well as the launch of a staff development programme. AMAG's aluminium...
Hydro is spending NOK 67 million (EUR 6 million) on equipment, structures, and infrastructure upgrades at its aluminium extrusion factory in Lucé , France. The cash will also be used to launch a new staff development programme. Since its inception in 1959, the Lucé company has produced custom-made...
Technology company El-Watch has signed the biggest contract in its history and notes that IoT sensors are in demand as never before. The record order was placed by the Hydro Karmøy technology pilot, which will now roll out the use of the wireless sensors on a major scale in its production. This...
The bauxite mining subsidiary of Emirates Global Aluminium, Guinea Alumina Corporation (GAC) and Electricité de Guinée (EDG), the national electricity company, has recently entered into a non-binding memorandum of understanding (MoU). The primary objective of this MoU is to ensure a stable supply...
A Hydro led research project using aluminium as reinforcement enables the use of concrete mixes where more than 50% of the cement can be substituted with sustainable binders. The result is concrete that requires far less energy and CO2 emissions to produce slimmer, lighter concrete structures with...
Norsk Hydro wrote a letter to the London Metal Exchange last week urging to rethink the decision not to ban Russian aluminium from its warehouse network. Norsk Hydro believes that a large volume of aluminium arriving from Russia is weighing on the benchmark metal price on LME. "As LME aluminium...
On Friday, July 1, Norsk Hydro, one of the world’s largest aluminium companies worldwide, announced its financial and operational results for the second quarter of 2023. The company highlighted that it survived the weaker market and price pressure with strong extrusion margins and made good...
Rio Tinto will build a hydrogen pilot plant in Gladstone and replace natural gas with clean hydrogen at an alumina refinery. Sumitomo Corporation will assist with the project. Hydro's North American extrusion unit received the Aluminium Stewardship Initiative Performance Standard V2 certification...
Hydro completed the acquisition of Polish aluminium recycler Alumetal S.A. on June 30 by bagging more than 97 per cent of its shares through tender subscription. The purchase of Alumetal will strengthen Hydro's recycling position in Europe and widen low-carbon product offerings in the market. This...
Norwegian aluminium giant, Hydro is recognized as one of the world's leading producers of low-carbon aluminium. Aluminium manufacturing is notorious for its high energy consumption and greenhouse gas emissions; however, Hydro has been actively working to minimize the environmental impact of its...
Hydro is supplying extruded aluminium structural members made from Hydro CIRCAL, the company's certified aluminium product containing at least 75 per cent recycled, post-consumer scrap, to a student-led Catholic University team that is reconstructing an iconic R. Buckminster Fuller geodesic dome...
Hydro announced on Wednesday, July 12, that its extrusion business unit in North America achieved Aluminium Stewardship Initiative Performance Standard V2 certification. Twenty-three of Hydro's hundred sites in the US and Canada obtained the certification after being audited by the independent,...
The metal industry around the world, including aluminium, is looking forward to the much-awaited upcoming event UK Metals Expo 2023 , to be held on September 13-14, 2023, at the NEC Birmingham. It is a one-of-a-kind annual event that brings the entire metal supply chain together under one roof....
The Aluminium Stewardship Initiative (ASI), an international, non-profit organisation aiming to maximise aluminium's contribution to a sustainable society, works to enhance sustainability across the whole aluminium value chain. ASI Aluminium is a metal produced and acquired following ASI Standards,...
