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 wishes to entirely run its Swedish operations with 100 per cent locally produced power originating from renewable energy sources other than conventional fossil fuel. The company focuses on creating a sustainable future by transforming the energy input of its three aluminium extrusion plants...
Hydro has incorporated a third aluminium extrusion press at its manufacturing facility in Rackwitz with Euro 11 million investment that will double the plant's extrusion capacity by 12,000 tonnes annually. Elkem, Hydro, and Altor-owned firm Vianode, the maker of sustainable engineered battery...
Hydro adds a third aluminium extrusion press at its manufacturing facility in Rackwitz. The EUR 11 million investments will double the plant's extrusion capacity by 12,000 tonnes annually and generate 40 new jobs. The development of Hydro's aluminium recycling facility in Rackwitz, which will add...
Elkem, Hydro, and Altor-owned firm Vianode, the producer of sustainable engineered battery materials, has decided to invest NOK 2 billion in its first industrial-scale facility for sustainable battery materials in Herøya, Norway. By 2024, the industrial facility in Herøya will generate enough anode...
According to a partnership announced on April 6, Elkem would retain 40 per cent of Vianode while Hydro and Altor Equity Partners would each purchase 30 per cent. As per the latest reports, the acquisition has received approval from the competition authorities, in which Vianode will have...
The HAL5000 pot control system is designed by the technology community at Ardal, providing more efficient control of aluminium production. As a result of upgrading electrolysis cells, the technology contributes to increased production, reduced electricity consumption, and lower CO2 emissions....
Geir Sandnes heads Hydro Aluminium Metal's Digital Production Support, Technology, and Operational Support department. Before starting this role, he was part of the management team in Hydro Corporate IT with responsibility for the Digital Center of Excellence and Digital Plant Products across the...
Amidst the geopolitical and the Energy crisis in Europe, Russia has cancelled the start of its gas supply at the Nord Stream 1 after apparently citing an oil leak in the turbine. This will thrust the entire energy-based economy into a completely dark zone, and disputes have already started taking...
The Wrexham-based Hydro aluminium recycling factory achieved another security milestone. The business had gone five years without an accident as of this week. This year, Norsk Hydro added £2.4 million to their Wrexham investment to boost production capacity to 70,000 tonnes. Apart from this, on...
Norsk Hydro, one of the largest aluminium companies in the world, announced on Tuesday, September 6, that due to a drop in demand for aluminium, the company has decided to keep a small portion of its aluminium capacity in Norway out of service, following maintenance. Out of the 1.1 million tonnes...
Hydro's aluminium recycling facility, based in Wrexham, has reached yet another safety milestone. This week marks the fifth anniversary of the company operating without an accident. Wayne Clifton, Managing Director, praised the hard work and commitment of the workforce, "Reaching five years...
After Sichuan, another southwestern Chinese province that emerges as being affected by hydropower shortages is Yunnan, triggering concerns over potential output reduction in the province. According to the latest survey by Shanghai Metals Market, many smelters in Yunnan have expressed concerns over...
The importance of recycled aluminium in the extrusion sector is becoming more significant. On Thursday, September 1, Hydro marked the groundbreaking ceremony for the construction of its upcoming aluminium recycling plant in Szekesfehervar, Hungary. In a market where demand for greener aluminium is...
The ongoing labour dispute between Industri Energi and Norsk Hydro ended on Wednesday, August 24. A resolution to the labour dispute over the amendment of the Electrochemical Agreement was reached between Industri Energi and Norsk Industri, which resulted in the cancellation of the strike at Hydro...
On Tuesday, August 23, Aluminium Stewardship Initiative (ASI) announced that Yunnan YunLv Yongxin Aluminium Co., Ltd. based in the Yangjie Industrial Park, Yunnan Province, China, received the ASI Chain of Custody Standard V1 (2017) Certification. In September 2021, the facility was granted the...
According to a report on Monday, August 22, strike at Hydro Sunndal aluminium plant has come into effect today, which will result in the implementation of production cut agreement. Also, as a result of the strike, around 30 members of Industri Energi will not report to work at the aluminium plant....
This week the global aluminium downstream sector witnessed limited but significant events. To begin with, Mahindra Group announced the launch of its flagship Scorpio Classic featuring an all-aluminium engine block. With this, it can be highly touted that aluminium is definitely the metal of the...
Following the disparity between the labour Union, Industry Energi, and employers’ organisation, around 655 members of the Industry Energi union who also work at Hydro Sunndal will go on a strike on Monday, August 22, if employers don’t start wage talks. Norsk Hydro’s aluminium smelter in Sunndal...
