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, a subsidiary of Norsk Hydro ASA, one of the largest aluminium groups worldwide, headquartered in Norway, is closing sown its car components facility Hydro Components UK Ltd in Rotherham. The plant is specialized for aluminium fabrication. The decision is a part of the wider restructuring of...
Stern, a producer of conservatories and patio covers in Germany, has selected Hydro REDUXA for its conservatories in order to lower the CO2 emissions. Hydro has supplied aluminium extrusions from its Drunen, Offenburg and Hoogezand plants. Hydro REDUXA, along with Hydro’s recycled aluminium range...
Rio Tinto, which developed a reservoir to power the aluminium smelter in Kitimat, B.C., has signed a New Day agreement with the Cheslatta Nation, promoting the social and economic well-being of the Cheslatta. Rio Tinto’s Kitimat aluminium smelter relies on electricity generated at its...
Hydro has received contracts from Tersan Shipyard for the supply of aluminium solutions. The company will deliver its products for the upper sections of ships under construction for Norwegian shipowner Havila Kystruten AS. “We are very pleased that we were able to use our innovative design and...
Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide, with operations across 50 countries. Starting from bauxite and alumina, Hydro produces low-carbon aluminium, extruded profiles, building systems,...
Hydro has begun operation of new a new water treatment station at its Alunorte alumina refinery in Brazil. This comes after Hydro received an operating license from the Secretary of State for Environment and Sustainability (Semas) on January 24, 2020. Hydro said the BRL 675 million ($160 million)...
Hydro released results for the fourth quarter of 2019. Underlying EBIT for Bauxite & Alumina decreased compared to the fourth quarter of last year. Underlying EBIT for Bauxite & Alumina dropped from NOK 493 million in Q4 2018 to negative NOK 75 million in Q4 2019, driven by a decrease in the...
Dennis Barnes, CEO, Contact Energy NZ is optimistic that Rio Tinto, the major-owner of Tiwai Point Aluminium smelter can keep it open, but with an upgrade of the power grid - for when the facility does eventually close - will happen sooner rather than later. Rio Tinto's review of the ageing smelter...
Hydro reported underlying earnings before financial items and tax of NOK 560 million in Q4 2019. That was up from NOK 534 million in Q4 2018 on positive effects from increased production in Brazil, lower raw material costs and positive currency effects, mostly offset by a decrease in the realized...
Norway is the largest aluminium producing country in Western Europe, and almost 80-90% of its output is exported to the international market. Primary aluminium is produced at seven works around the country, with Norsk Hydro as the largest company in this sector. Raw Aluminium is one of the top...
Austria-based Hammerer Aluminium Industries (HAI) publicizes its takeover of Hydro’s aluminium extrusion plant in Romania's western county of Arad. 3 rd February’20 HAI stated: "After the signing in September’19 the acquisition by Hammerer Aluminium Industries of the Hydro extrusion plant in...
The second edition of AlCircle’s flagship e-magazine “ Aluminium LeaderSpeak 2020 ” is getting ready to be published this month. Means, the time is near to hear from the key players of the aluminium value chain industry about the market trend and analysis of this year and beyond. The companies and...
Hydro announced that it will sell its closed Kurri Kurri aluminium smelter to a joint venture of local property and residential land developers Stevens Group and McCloy Group. Hydro's Kurri Kurri aluminium smelter started production in 1969 and went offline in 2012 due to the continued weak...
Hydro announced that it sold a 65 percent stake in Sapa Ben Thanh Aluminium Co., Ltd. to a local Vietnamese company. The move is a part of the overall review in Extruded Solutions aiming to optimize and streamline the portfolio. Hydro has closed a transaction with a local Vietnamese company on...
The supply of power to Hydro’s Paragominas bauxite mine has been recommenced, which is allowing production to start again. Production at Hydro’s Alunorte alumina refinery has also been boosted. A transmission tower overturned on 18 th December’19, suspending power supply to Paragominas, which...
The benchmark alumina price according to Fastmarkets MB alumina index fob Australia will remain steady around US$280 per tonne at the end of the week despite Hydro’s announcement on Thursday December 19 about 50-70% production cut at its Alunorte alumina refinery for a temporary period. Australian...
Hydro announced that Paragominas bauxite mine in Brazil temporarily halted the production following a power outage on December 18. Regular power supply to the bauxite mine is expected to resume within 5-10 days. After the power outage, Hydro temporarily cut the production capacity of Alunorte...
Aluminium Stewardship Initiative (ASI) announced that seven additional Hydro Aluminium Extruded Solutions operations have been certified against its standards for responsible production, sourcing and stewardship of aluminium. The certification includes operations for ingot casting, extrusion,...
