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 has planned to shut down its loss-making precision tubing Pune plant with immediate effect as of June 20, 2020. The company announced that its business area Extruded Solutions has decided to close the Hydro Precision Tubing Pune plant in India. The basis for continued operation is not...
Hydro has made a second round of donations to support communities near its operations in the state of Pará in northern Brazil. The company announced that it will donate about 11,000 food baskets, after delivering 25,000 food baskets to seven communities in April. The initiative is in support of the...
The LIXA project has used Hydro CIRCAL recycled aluminium as facade material in the new office buildings. Hydro will deliver 120 tonnes of Hydro CIRCAL to the project. Hydro CIRCAL, made of minimum 75% recycled consumer scrap, will give building projects enhanced sustainability credentials from the...
Hydro has revealed a volumetric update for its business areas for April and May, ahead of the complete second-quarter financial results. The company shows it manufactured 1,760 tonnes of bauxite during April-May compared to 910 tonnes during the corresponding period last year. This means Hydro’s...
Hydro announced that The Swedish start-up company Elonroad has teamed up with the company to build a road that charges electric vehicles while they drive. Hydro will manufacture the critical aluminium-made electric loops for the project. “Elonroad, in collaboration with Sweden’s Lund University,...
Egil Hogna, Executive Vice President for the Extruded Solutions business area in Hydro, has decided to leave. Hydro Extruded Solutions is a manufacturer of extruded aluminium profiles. Egil is likely to take over as CEO for Norconsult, a Norwegian consultancy firm. The process to find a new leader...
The World’s Greenest battery maker Northvolt and the Norwegian aluminium and renewable energy company Norsk Hydro are joining hands to recycle batteries from Norway’s hundreds of thousands of electric cars as part of Europe’s effort to build a green battery industry to take on Tesla and Asian...
Hydro announced the company has donated BRL 5 million more to support the construction and maintenance of field hospitals in the Brazilian state for Covid-19 treatment. The hospitals will have 240 new beds to combat the pandemic in the region. Hydro has signed an agreement with the government of...
Hydro announced that it has planned to restructure its operations in the UK due to challenging market conditions. The restructuring is expected to be completed by end 2020. The company has also decided to close the aluminium fabrication business unit in Bromyard. The Bromyard plant has 56...
Hydro announced that the company’s part-owned primary aluminium plant Albras has resumed production line in Brazil after a power outage earlier this year. The facility was operating a 25% reduced capacity after a fire in an electrical transformer in March. “The plant’s three other lines were...
Aluminium Stewardship Initiative (ASI) announced that Hydro’s seven facilities in Europe have been certified against the ASI Chain of Custody Standard. The certification is for its plants in Birtley (UK), Bedwas (UK), Cheltenham (UK), Chrzanów (Poland), Tibshelf (UK), Tønder Precision Tubing...
Yunnan Aluminium’s 500,000 tonnes per year smelting and hydropower project in China’s new smelting hub of Wenshan has officially started its operation, said the local government on Monday, May 19. The launch ceremony of the project, held on Friday, May 15, was attended by Yunnan province vice...
Hydro has been selected as a finalist in several categories for the 2020 "S&P Global Platts Metals Awards". The awrard is hosted by S&P Global Platts, the leading provider of information, benchmark prices and analytics for the energy and commodities markets. “This is a great recognition of the work...
Hydro has developed a visor for health care to help in the fight against COVID-19. Employees at Hydro Extrusion in Vetlanda, Sweden, have developed 3D-print protective visors and will donate a total of 100 visors to the municipality. The company has already delivered to various health care...
Hydro announced that its business area Extruded Solutions will shut down Hydro Precision Tubing Remscheid GmbH (PT Remscheid) in Germany. The basis for continued operation is not present. The Remscheid plant, which employs 129 people, is estimated to close by end of December 2020. The facility...
Norsk Hydro ASA has announced its first-quarter results of 2020, mentioning the growth of underlying EBIT from NOK 559 million during the same period last year to NOK 2,247 million. The successful ramp up of production at the Alunorte refinery, reduced costs, and positive currency effects are...
Hydro has supplied aluminium profiles to The Ocean Cleanup’s second-generation Interceptor. The company has delivered aluminium in four different shapes from its Dutch plant in Hoogezand. “Providing aluminium for such a unique project is truly inspiring. It highlights the opportunities this...
The COVID19 impacts have brought in a lot of changes in planning, strategizing, and executions for the aluminium companies. Such was our observation over more than a week, from April 11 to April 24. While decline in European car sales by about 52 per cent in March, attributing to the lockdowns...
