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...
Grow with
AL Circle
Coming from a finance & strategy background, Øyvind has been the chief architect behind Vestre’s corporate strategy, which has put sustainability front and centre, aiming to become the world’s most sustainable furniture company. After almost seven years in the company, he has acquired detailed...
A contract signed between Hydro Alunorte and Wave Aluminium to construct a plant in Brazil that will process bauxite residue (red mud) to recover commercially valuable materials is expected to be operational by 2024. The facility will be constructed in Hydro Alunorte alumina refinery in Pará,...
Hydro entered the year 2022 amid a strong aluminium market but soon was dominated by a devastating war in Europe, an energy crisis, inflation, and a global economic slowdown, including a significant fall in demand. But amid all this, the company succeeded in delivering record results for the year,...
After the Paris Environmental Act of 2015, all the major aluminium consuming regions on the planet are finding ways to increase the use of recycled aluminium. RUSAL, Russia’s giant producer of aluminium has decided to process end-of-life aluminium or scrap aluminium into foundry alloys so that they...
According to a recent report, Hydro has planned to initiate the production of remelt aluminium scrap ingot at Wrexham plant, UK, to increase the recycling of post-consumer scrap. This project will take the company closer to its sustainability drive by enabling it to offer more low-carbon aluminium...
The recycled aluminium sector is the most prominent budding department in the industry. This week, Italy-based Inca Packaging vouched to introduce new packaging variables for 2023 using sustainable design ideas focusing mainly on recycled aluminium. The District Council of Oregon has charged Hydro...
The leader in aluminium recycling, Hydro Extrusion USA, has been accused of an air pollution crime and charged almost half a million dollars in penalties. The recycling firm has taken up the blame and agreed to pay up. As early as August 2022, Federal prosecutors had led the accusation statement...
Sustainability means addressing current needs without jeopardizing future generations' ability to meet their own. Sustainability has progressively moved up the corporate agenda in recent years, and it is now a major strategic goal for many companies. The aluminium industry is not an exception. As...
Vedanta Aluminium has attained the second position in world ranking according to the S&P Dow Jones Sustainability Index (DJSI) for the aluminium industry (FY2021-22). Hydro spearheads the call for sanction against Russian aluminium under provisions laid by the EU’s Critical Raw Materials Act. The...
As the European Union developed its Green Deal industrial plan, European Commissioner Thierry Breton encouraged European bankers to provide finance to producers of minerals essential for the energy transition. On March 8, the EU will introduce its Critical Raw Materials Act, ensuring that the bloc...
Until the deafening outcry for net zero was heard, automobile companies were going about with their usual course of action. But with the advent of the Paris Environmental Act of 2015, the need for utilising products with lesser carbon footprints is continuously increasing. Aluminium is a 100%...
Norsk Hydro's Taicang plant in China has bagged the ASI Performance Standard certification that revolves around responsible production, sourcing and stewardship of aluminium. The certification attests to the company's extrusion and fabrication activities in the Chinese territory. The Taicang plant...
Norsk Hydro, the Norwegian aluminium giant, signed a letter of intent (LoI) on January 3, 2023, with World Wide Wind AS (WWW), a newly established Norwegian company presenting a novel solution and technology - counter-rotating vertical axis turbines - to explore using recycled aluminium to build a...
Investing in Norwegian aluminium smelters will enable Hydro to take the lead in climate-efficient aluminium solutions through continued industrial development and green transition initiatives. This will extend the lifespan of the aluminium smelters and will convert the products to low-carbon...
This week, the global primary aluminium segment witnessed limited but significant events. To begin with, Norsk Hydro and the other two partners announced their planning's to construct an onshore wind farm along Norway's west coast for a price ranging from 3 and 4 billion Norwegian crowns ($304...
Hydro's aluminium recycling plant in Lucé has reportedly been issued DNV certification to produce Hydro CIRCAL. It is Hydro's first plant in France to produce Hydro CIRCAL, a low-carbon recycled aluminium product containing at least 75 per cent of post-consumer, end-of-life scrap. Expanding Hydro...
Aluminium Stewardship Initiative has reportedly certified Guangyuan Linfeng Aluminum & Electricity Co., LTD against the Performance Standard V2 (2017) Certification for aluminium smelting activities at the Yuanjiaba Industrial Park, Guangyuan Economic and Technological Development Zone, China. The...
The Danish design furniture brand Reframed is quickly becoming the go-to bedroom furniture shop, although only being founded in 2021. The furniture manufacturer has eliminated bulky bed frames in favour of uncomplicated, simple-to-assemble items made of sustainable materials. Its designs feature a...
