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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A rapid-paced energy transition through an uninterrupted shift to electric vehicles has designed a new, significant demand stream for aluminium and vital opportunities for auto supply chain organisations. Steel being cheaper has been the initial choice; however, aluminium consumption in electric...
Luxembourg has a strong and long-standing track record in manufacturing and processing both traditional and innovative materials including, high-performance steel, aluminium, plastics and polymers, value-added composites, functionality glass processed, wood panels and adhesive paper. Hydro's...
Hydro announced the signing of a Memorandum of Understanding (MoU) with Golar Power for the use of environmentally friendly natural gas at the Hydro Alunorte alumina refinery in Brazil. The company aims to replace a major part of its current fuel oil consumption at the refinery with natural gas....
Despite the robust second-quarter earnings, Norsk Hydro analysed that it might face higher production costs going ahead in the third quarter of 2020. The overall production costs of alumina fell to a four-year low of $192 per tonne in Q2 2020, but in the third quarter, rising costs would likely add...
Hydro said in its Q2 results report that global primary aluminium consumption in Q2 declined 9 per cent due to the coronavirus pandemic. The world consumption stood at 15.482 million tonnes in Q2 as compared to 17.01 million tonnes in Q2 2019. In January-June, primary aluminium consumption came in...
Hydro has released its second-quarter results of 2020, wherein it has reported a year-on-year increase of 5 per cent in primary aluminium production. From 486,000 tonnes in Q2 2019, Hydro’s primary aluminium output in Q2 2020 surged to 509,000 tonnes. However, on a quarter-on-quarter comparison,...
Hydro has entered into a strategic partnership with drinks producer HELL for the supply of Hydro CIRCAL recycled aluminium. This marks the entrance of Hydro CIRCAL into the beverage can industry. HELL ENERGY Group is a producer of energy and soft drinks with own production of beverage cans in...
Hydro’s Łódź-based aluminium manufacturing plant certified against the Aluminium Stewardship Initiative's (ASI) Performance Standard and Chain of Custody Standard. All three of Hydro’s aluminium manufacturing plants in Poland are now certified against Performance Standard and ASI Chain of Custody...
The European manufacturing and technical headquarters for Banyard, Inductotherm Heating & Welding Ltd, has prevailed their gratification post the full acceptance to the production of Banyard Aluminium Billet Induction Boost Heater at the Hydro Extrusion plant, Cressona, USA. Patronising the...
Hydro Aluminium Deeside and Association of Voluntary Organisations in Wrexham (AVOW) are offering £500 grants to support sports and cultural organisations during Covid-19 in Wrexham. The Wrexham-based Hydro Aluminium Deeside has an aluminium remelting facility in Wrexham. The plant has annual...
Hydro, along with a team of renowned structural engineers, business experts, and researchers, is evaluating the feasibility and cost-efficiency of replacing conventional steel with aluminium for the construction of long-suspension bridge girders. According to Hydro Extruded Solutions Market Manager...
Hydro announced that Alunorte and the Federal University of Pará (UFPA) signed an agreement in June for research on the feasibility of producing low-carbon cement from bauxite residue. The project is part of an agreement between Hydro and UFPA signed in 2019 to develop cement from a mixture of...
Holden Aluminium Technologies at Station Road, Bromyard, will be closed down by the end of 2020, as this information is revealed by its parent company Hydro Group. At the Bromyard factory, around 50 jobs will be at risk as the company seems to adapt to challenging market conditions. A spokesperson...
Norsk Hydro has announced today, on July 8, that its aluminium recycling plant in Azuqueca, Spain is ramped-up and all set to start producing the sought-after recycled aluminium Hydro CIRCAL. Hydro says the project has been delayed due to the COVID-19 pandemic, but delivered on budget and with zero...
Power supply to Hydro’s Paragominas bauxite mine, in the state of Pará in northern Brazil, has been reportedly restored, allowing the production at the mine to recommence. The three transmission towers that overturned, leading to a power outage and temporary production halt at Paragominas mine,...
Hydro won the Aluminium Industry Leadership Award, the Breakthrough Solution of the Year (Hydro CIRCAL) and the Metals Company of the Year in the S&P Global Platts Award 2020, the leading independent provider of information and benchmark prices for the commodities and energy markets. “I am very...
On Tuesday, June 23, Chinese alumina market participants reported that they are keeping a close eye to Hydro’s recent power outage in Brazil to determine if the incident would cause a long-term alumina supply disruption. “Although it might impact only around 100,000 tonnes of alumina supply to the...
Hydro’s production at Paragominas bauxite mine is at a temporary halt due to power supply cut as three power transmission towers overturned on Saturday, June 20. Repair work has started and regular power supply to Paragominas is expected to resume within the next two to three weeks. The Paragominas...
