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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Hydro’s subscription period for the Alumetal share sales tender ended on Friday, June 30, with more than 97 per cent of shares being subscribed. Thus, Hydro can now purchase all Alumetal shares that were subscribed for sale. The timeline of the share purchase is till July 5, and it should be...
Aluminium smelters in Yunnan province, China, have begun increasing production as restrictions on power usage have been eased following a recovery in hydropower output, said an analyst to Reuters. According to Li Lin, aluminium director at Chinese consultancy Aize, about 2.35 million tonnes of...
The worldwide usage of primary and recycled aluminium had increased by approximately 1.9%, reaching a net of 95.3 million tonnes in 2022. It is important to note that demand for recycled aluminium has steadily risen over the past decade. Beyond 2023, it is projected that the need for aluminium will...
Brompton has pledged to limit the carbon footprint of their folding bikes by examining the potential of low-carbon and post-consumer recycled aluminium from Hydro. Norwegian aluminium giant Hydro is renowned for delivering top-quality aluminium with a minimal CO2 footprint, reducing emissions along...
Global warming is a growing concern as the world is moving rapidly towards reducing emissions to save the environment from further degradation. In this path that leads us to a sustainable future, aluminium as a metal has proven to be better than the rest when it comes to being environmentally...
According to a report on June 22, Hydro is again increasing the offered price for Alumetal share sale subscribers to PLN 82.00 per share, valid through the last date of subscription submission on June 30, 2023. All Alumetal shareholders who subscribe to the share sales tender in the current offer...
The leading Norwegian aluminium company committed highly to a sustainable future, Norsk Hydro was recently honoured with the Mercedes-Benz Supplier Award in the sustainability category. The Mercedes-Benz Supplier Circle event occurred on June 19 in Stuttgart, Germany. "This award is a fantastic...
Hydro, a Norwegian aluminium and renewable energy company, announced that it would relocate its aluminium technology centre from Zeeland to Cassapolis in Michigan, giving it a bigger space and better infrastructure. The new technology centre will be located adjoining Hydro’s under-construction...
Hydro is collaborating with CAKE and Vattenfall on the pioneering initiative 'Cleanest Dirt Bike Ever,' encouraging the automobile industry to reduce its carbon footprint. The initiative aims to motivate the automobile sector to minimise carbon emissions in manufacturing techniques via new...
Hydro is breaking boundaries with a latest land acquisition in Torija, Spain to build an advanced aluminium recycling plant. The plant will have an annual production capacity of 12,000 tonnes and will use carbon-free green hydrogen instead of natural gas. At Hydro's extrusion plant in Navarra,...
According to a report on Thursday, June 15, Hydro is close to fulfilling the primary condition of the tender offer for 100 per cent of the shares in Alumetal. So far, Hydro has reportedly received sales subscriptions of about 68 per cent of shares. The existing shareholders have subscribed for...
Norwegian aluminium producer, Hydro will offer engineering support, manufacturing, and delivery of its flagship aluminium components for the 780 kW SolarDuck offshore floating solar plant. The construction will take place off the Coast of Tioman Island in Malaysia and has been scheduled to be...
During a recent test conducted at Hydro's extrusion plant in Navarra, Spain, carbon-free green hydrogen was successfully used as a replacement for natural gas in the recycling of aluminium. This test, which hydrogen experts from Hydro Havrand led in partnership with Fives, marks the world's first...
Hydro is reportedly purchasing land in Torija, Spain, to construct a state-of-the-art aluminium recycling plant with an annual capacity of 12,000 tonnes. As per the report, Hydro has already signed an agreement for land purchase with a subsidiary of the Pulsar Properties Group. The facility will...
Hydro Energi AS has entered into a long-term agreement with Statkraft, Europe’s largest renewable energy generator, to secure 0.44 TWh of power per year for its Norwegian aluminium plants from 2024 to 2038. The deal ensures a total supply of 6.6 TWh of renewable energy to Hydro’s plants over 15...
According to a report released on June 8, Hydro is offering PLN 82.00 for each Alumetal share who subscribes for sale by 23:59 on June 15, 2023. The offer is also open to those who submitted their sale subscriptions before the price increased but with the condition that approximately 32.7 per cent...
Coopers Cross in the north docklands of Dublin is planning to install 2,000 architectural fins made up of Hydro's low-carbon aluminium range, Hydro REDUXA. Coopers Cross will utilise these aluminium fins to minimise the demand for heating and air conditioning in its office buildings, a first in...
AL Circle was delighted to welcome a delegation from Hycast AS last month and discuss how Hydro’s technology partner is taking aluminium casting to the next level globally. Ola Furu, Head of Project and Sales of Hycast AS, and August Riise, Senior Project Manager of Hycast, were in conversation...
