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...
Grow with
AL Circle
On October 29 to November 1, Belem, the capital of the Para state of Brazil held the 36th International Conference and Exhibition of ICSOBA. The selection of Belem for the 36th International Conference and Exhibition followed ICSOBA’s practice of rotating the venue of International Meetings to...
Brazilian federal environment agency IBAMA has reportedly lifted the embargo on Hydro’s new Alunorte bauxite residue deposit area DRS2, but embargo from the federal court system still remains in place. IBAMA has lifted the embargo after reviewing information requested by Alunorte and SEMAS, the...
Norwegian aluminium and renewable energy company Norsk Hydro ASA announced the financial and production results for the third quarter and first nine months of 2018. As per the report, the company’s revenue for the third quarter stood at NOK 39766 million, up 74 per cent from NOK 22799 million in Q3...
On releasing Norsk Hydro’s third quarter results, the company’s president and CEO Svein Richard Brandtzæg said, "The third quarter reflected our continued challenges at Alunorte and increased raw material costs, while higher aluminium and alumina prices, as well as strong Energy results,...
Qatar Aluminium (Qatulum) has revealed its total revenue during first six months of the year 2018 ended on June 30, which according to the report has jumped 10.72 per cent year-on-year to $0.74mn. Asia, Middle East, and North Africa have reportedly contributed 57 per cent to the revenue. Earnings...
Qatar Aluminum or Qatalum, a JV between Qatar Petroleum and Hydro Aluminium of Norway plans to sell 49 per cent of its shares in a public offering on Oct. 30. The state news agency QNA reported the news today. Norsk Hydro owns 50 per cent stake of Qatalum in the joint venture. State energy major...
The alumina market is experiencing a year of unprecedented turbulence. Alumina, which sits in the aluminium production process between bauxite and refined metal, has historically been a highly efficient link in the supply chain. It hasn’t generated many headlines over the years because it has...
On Friday, October 12, Hydro declared its plan to install a 4,500-tonne 10” aluminium press line at Cressona, Pennsylvania. The aim is to serve the traditional automotive and distribution segments. Hydro also announced to install a 7,000-tonne dual container 12”/14” press line in the West region to...
A joint study that Hydro has carried out with Forschungsgesellschaft Kraftfahrwesen mbH in Aachen (fka) and School of Design Pforzheim, related to aluminium use in urban vehicle concepts, clearly demonstrates aluminium’s strong position in vehicles of the future. The study was presented just last...
Material research from Hydro has led to the development of a new high-performing aluminium alloy for applications that require high-strength aluminium solutions. The alloy will be particularly useful for next-generation cars, where weight and cost reductions are the key drivers. Developed at...
In line with its strategy to offer customers the “greenest” aluminium metal in the industry, Hydro is investing in its remelting facility in Azuqueca, Spain, to increase production of the recycled aluminium product Hydro 75R. Hydro’s Primary Metal business area launched Hydro 75R in December 2017....
Norsk Hydro has announced today that Alunorte alumina refinery in Brazil is expected to be able to ramp up to 50 percent capacity within two weeks. The refinery has on October 8 agreed with the environmental agency of the state of Pará, SEMAS, to restart production under SEMAS’ supervision. This...
Continuing with its strategy to produce and supply the “greenest” aluminium metal in the industry, Hydro has decided to expand remelt operations at its Slovalco plant in collaboration with joint-venture partner PENTA. The expansion will facilitate production of primary aluminium as well as serve as...
A press release from Norsk Hydro confirms that the federal environmental agency IBAMA authorised alumina refinery Alunorte on October, 5th, to utilize its state-of-the art press filter technology in the processing of bauxite residues. This will extend the life of its DRS1 bauxite residue disposal...
LME aluminium prices climbed 3 per cent and to their highest in nearly five weeks on Wednesday after the news broke that Norsk Hydro said it would halt production at its Alunorte alumina refinery in Brazil, generating fear of tighter alumina supply. Aluminum outperformed all other base metals while...
As announced by a press release from Norsk Hydro dated October 3, it’s alumina refinery Alunorte in Brazil is preparing for full curtailment of its operation. The decision, according to the press release was taken as the bauxite residue deposit area 1 (DRS1) is almost in its full capacity, due to...
Norwegian aluminium producer Norsk Hydro ASA reportedly declared late last week to expand its automotive aluminium production at a plant in Cressonia, Pennsylvania, which would expectedly create 60 family-sustaining jobs over the next three years and retain an additional 1,307 jobs. The expansion...
2018 first half has seen some unprecedented developments in the global alumina and aluminium market scenario that have turned the market upside down making all previous forecasts redundant. The initiations The aluminium supply scenario received the first hit when Trump imposed a global tariff of 25...
