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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Roeland Baan and Peter Kukielski were elected to join Hydro's Board of Directors for a period of up to 2 years, Hydro announced on Wednesday May 29. With the appointment of new members, Hydro’s Board now consists of Chair Dag Mejdell, Deputy Chair Irene Rummelhoff, Finn Jebsen, Thomas Schulz,...
Norsk Hydro’s Alunorte refinery in Brazil with a production capacity of 6.3 million tonne has been given approval to restart production by the Brazilian authorities. Though it was expected by the market, the move came earlier than time taking the industry by surprise. A Brazilian federal court has...
After winning ASI certificates for its rolling and extrusion operations, Hydro has won its ASI Performance Standard certifications with Primary Metal operations including the aluminium smelting, re-melting/refining and casthouse activities at the production sites Clervaux (Luxembourg), Høyanger...
The Aluminium Stewardship Initiative (ASI) announced the certification of Hydro Aluminium Rolled Products operations against the ASI Chain of Custody Standard. ASI certified Hydro Aluminium Rolled Products operations for the sites in Grevenbroich, Hamburg, and Neuss (Germany), the joint venture...
The removal of production embargo by the Federal Court on Alunorte alumina refinery has reportedly led Albras aluminium smelter to begun ramping up its output from Tuesday, May 21. Albras, partly owned by Norsk Hydro, had curtailed its aluminium production by 50 per cent due to lowered raw material...
Hydro announced that the company will invest R$5 million (USD 1.2 million/NOK 10.7 million) up to 2022 to study the reuse of bauxite residues, which takes place at Alunorte alumina refinery. The partnership between Alunorte and Senai Institute of Innovation in Mineral technologies (ISI-TM) could...
A Brazilian federal court has lifted remaining production embargo on Hydro Alunorte alumina refinery under the criminal lawsuit on Monday, May 20, allowing Alunorte to resume full production. Alunorte refinery currently operates at 50% capacity. The embargo on the new, state-of-art bauxite residue...
A Brazilian federal court has lifted one of two production embargoes on Hydro Alunorte alumina refinery under the civil lawsuit on Wednesday, May 15, though full production will not restart until the production embargo under the criminal case is lifted. “Alunorte is still subject to a production...
Currently Aluminium flat rolled products accounts for about 32% of the global aluminium usage followed by extrusions at 31%, castings at 22% and wire rods at 8%. Flat rolled products demand will continue to grow driven by substitution trend in transport and growth in packaging driven by can stock...
Norsk Hydro ASA’s new President and CEO Hilde Merete Aasheim is of an opinion that the company needs to extend its cost cutting after a production halt in Brazil. She said in a statement, “We’ve been heavily affected by the Brazil situation. The effect of the improvement programs was erased to zero...
Aluminium Stewardship Initiative (ASI) certifies two additional Hydro Aluminium Extruded Solutions operations against its standards for responsible production, sourcing and stewardship of aluminium. Hydro Aluminium Extruded Solutions operations for extrusion and profiles at the sites in Bellenberg...
Norway-based aluminium producer Hydro and Germany-based renewable power developer Sowitec have planned to form a joint venture for the development of a large-scale floating solar power project on Lake Tucurui in the state of Pará, Brazil. If realized, the solar plant will produce electricity for...
Hilde Merete Aasheim has reportedly assumed the position as Hydro’s new President and CEO with an intention to boost profitability and speed up the company’s drive to become a leading provider of advanced, low-carbon products and solutions, based on a more sustainable footprint through the value...
According to a report from Platts, the ongoing 50% capacity cut at Hydro’s Alunorte alumina refinery in Brazil has affected US caustic soda exports in the first two months of 2019. According to the latest data from the US International Trade Commission US shipments of caustic soda was down 45% YoY...
Hydro announced that it will exhibit during The Battery Show Europe 2019 (May 7- 9), taking place in Stuttgart, Germany. The company will present aluminium solutions at The Battery Show Europe, Europe's largest and fastest-growing trade fair for advanced battery and H/EV technology. “Hydro will...
According to the latest press update from Hydro, the company’s production volumes in Q1 2019 fell YoY, reflecting the continued Alunorte curtailment and the recent cyber attack that disrupted production putting up a number of operational challenges, primariloy in Extruded Solutions business. Hydro...
A fire broke out at Norsk Hydro’s Gloucester extrusion facility in the UK on Sunday. This has caused damages to parts of the production facilities, while offices were affected by smoke. The plant had halted production over Easter and was not operating when the fire started. The maintenance person...
Norwegian metals maker Norsk Hydro recorded a rise of its shares on Monday, April 15, after winning further support to resume full production at its Alunorte alumina refinery in Brazil. After operating at half capacity for over a year, the Alunorte refinery on April 12 saw a hope to resume full...
