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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Norway-based fully integrated aluminium company Hydro will reportedly upgrade its casting operations at Husnes with a newly developed in-house technology Low Pressure Casting (LPC). The technology is believed to enable Hydro to produce more advanced materials for various extrusion segments,...
Hydro has updated on the progress of its recovery processes in last week after the cyber-attack that created disruptions in its operations on March 19. The Press Release says that the cyber-attack has affected some administrative processes, including systems for reporting, billing and invoicing. As...
The Federal Court in Belém, Brazil, has scheduled for April 12 a hearing regarding the embargo on the production at Hydro’s Alunorte alumina refinery, Norsk Hydro announced on Friday, 05 April 2019. Alumina refinery has been running at 50 per cent capacity since March 2018. In yesterday’s hearing ,...
Hydro announced that its aluminium plant in Karmøy, Norway will take time to resume stable aluminium production. One of Karmøy’s two aluminium production lines suffered a power failure early on Monday, April 1. The facility has an annual capacity of 195,000 tonnes of primary aluminium. “The...
Hydro announced on Monday, April 1, that its aluminium plant in Karmøy, Norway halted metal production following a power outage. The plant re-established supply of electricity but at a lower amperage. The primary aluminium plant has a production capacity of 270,000 tonnes, of which 75,000 tonnes...
After serving 11 years as executive vice president and head of Hydro’s Primary Metal business area, Hilde Merete Aasheim assumed her new position in the company as President and CEO on May 8, 2019, with the intention of accelerating the operational excellence by ensuring stricter financial...
Hydro announced the acquisition of Gerstungen-based MBG Metallbeschichtung Gerstungen GmbH (MBG), a German powder coating company. With this acquisition, Hydro strengthens its position in the building systems segment. This also completes Hydro’s range of aluminium construction systems in the DACH...
Aluminium Stewardship Initiative (ASI) certifies Hydro Aluminium Rolled Products against its Performance Standard for environmental, social and governance performance. With a primary aluminium plant in Germany and rolling mills in Germany and Norway, Hydro Aluminium Rolled Products manufactures...
RUSAL and PJSC RusHydro, one of Russia's largest generating companies, commissioned the first potline at the expanded capacity in the Boguchansky aluminium smelter (BOAZ )at Boguchany Energy and Metals Complex (BEMO) in Krasnoyarsk, Siberia. In 2018, Rusal announced its plan to launch new capacity...
Hydro updates with a press release that the company is slowly moving towards normal operations. Normal operations are running at four out of five business areas with the help of manual systems. Extruded Solutions, the worst affected business area in the attack is also slowly approaching normal...
Norsk Hydro reported that Extruded Solutions business is producing at an overall production rate of 70-80% as of Tuesday, while operations in Building Systems business unit remain almost at a standstill. The division was running at 60% capacity on Monday. “Extruded Solutions is producing at an...
Norsk Hydro has agreed with Ministério Público to have third-party technical assistance to assess the situation at Alunorte alumina refinery, located in Brazil’s northern state of Pará. Alunorte has signed an agreement “to assess whether reports from SEMAS and the University of Campina Grande, both...
Hydro said that its Extruded Solutions business was back up to 60 per cent of capacity on Monday. Its Extruded Solutions has ramped up production at several sites, and is concentrating all available resources on enabling further restarts. The division was running at 50 per cent capacity on Friday....
Hydro announced that the company has acquired remaining 50 per cent of Technal Middle East (TME). Based in Bahrain, Technal Middle East supplies tailor-made aluminium building solutions in the Middle East. Egil Hogna, Head of the Extruded Solutions business in Hydro said: “This acquisition will...
Hydro has posted another update on the progress the company made in securing safe operations across its businesses. The company says that with help of external experts and national security authorities, the in-house IT experts are working towards restoring the virus infected systems. “Experts from...
Hydro has announced through a press release that it has made progress in securing safe and stable operations across the operations after the extensive cyber-attack on Tuesday. The release says that Hydro’s technical team has been able to detect the root cause of the problems with external help and...
The US dollar edged lower against a basket of major currencies due to concerns over the strength of the American economy and expectations that the Federal Reserve will prove accommodative at its meeting this week. Base metals closed higher on Tuesday and aluminium grew 0.66%. SHFE aluminium closed...
Norsk Hydro, one of the world’s biggest aluminium producers, announced on Tuesday that the company is “shifting over to manual operations where possible” in the wake of cyber-attack during the night, affecting aluminium operations in a number of business areas. “Hydro is working to contain and...
