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 made a final build decision to invest NOK 1.4 billion at Husnes to upgrade and start-up the plant's second production line, which will double the plant's aluminium production and create 90 more jobs. Since the investment decision in December 2017, Hydro has been detailing the project...
According to a press update from Norsk Hydro it has signed and an agreement with Rio Tinto to terminate the acquisition process for Rio Tinto's Icelandic aluminium plant ISAL. The takeover process also included its interests in Dutch anode facility Aluchemie and Swedish aluminium fluoride plant...
Followed by the two deals pledging social and environmental action, Norsk Hydro is striving to convince Brazilian authorities to allow it to resume full production at Alunorte refinery, reported the company’s top executive. The deals, signed on September 5 in Brazil, were an important step but did...
Norsk Hydro confirms on a press release that on September 5, Alunorte signed two agreements which are considered as milestones towards resuming normal operations at the alumina refinery in Pará, Brazil which was operating at 50% capacity since March. The agreements include a technical Term of...
Spot alumina price saw some unprecedented highs in 2018 first half and doubled to over $700 per tonne as the market showed panic reaction to U.S. sanctions on Oleg Deripaska and Rusal entities in April. The supply scenario was disrupted by two major happenings. First, the fifty per cent capacity...
Aluminium extrusion is one of the highest growth aluminium product segments along with rolled products and castings. Currently, aluminium extrusions capacity across the world stands at around 41.5 million tonnes per annum. Of this, Chinese extruders account for about 56%, equating to about 23.5...
Born in Salzburg (Austria) in 1923, Dr Hans O Bohner is a name to reckon with in the global aluminium industry. A chemical engineer and a Ph. D. in Chemistry, his career spans from 1948 to 2014. Starting with Aluminiumwerk, Rorschach, Switzerland, his work with the aluminium sector took him to...
Norsk Hydro CEO Svein Richard Brandtzaeg said on Tuesday, July 24, that despite talks between the company and Brazilian regulators about full production recommencement at Alunorte alumina refinery, no timeline has been set yet on the final ramp-up. "We do not know exactly what it will take for the...
Hydro in its latest report has unveiled results of the second quarter of 2018, covering each product like bauxite, alumina, primary aluminium, and downstream exclusively. In one of our previous news, we have already discussed the results of bauxite and alumina production. Now, coming to primary...
Hydro released it Q2 2018 results reporting an underlying EBIT of NOK 2713 million, down 7% from the same period in 2017 and 14% QoQ. 50% production at Alunorte, Paragominas and Albras and higher costs affected the total results considerably. Underlying EBIT for Bauxite & Alumina decreased...
Norwegian aluminium company Norsk Hydro ASA's wholly-owned subsidiary Hydro Energi AS has signed a long-term wind power contract for 29 years with Green Investment Group. The contract is believed to be the world's longest corporate wind power contract. The agreement, which encompass building of a...
Hydro Energi AS and Tonstad Vindpark AS have signed a contract for the supply of power in the period from 2020 to 2045.The contract will contribute to supplying power to Norsk Hydro’s aluminium plants in Norway. Hydro Energi AS is a wholly-owned subsidiary of Norway’s aluminium company Norsk Hydro....
All 60 electrolysis cells are now in operation at the Karmøy technology pilot, where Hydro aims to industrialize the world's most climate and energy efficient aluminium electrolysis technology. "Our aim is to be the global leader in technology and innovation in our industry, and the Karmøy pilot...
Alcoa, a global leader in bauxite, alumina and aluminum products, announced today that it will make a $62.4 million payment under an electricity supply agreement for its smelter in Wenatchee, Washington, and will permanently close one of four potlines at the fully curtailed facility. In connection...
According to Reuters report, rejection of Norsk Hydro’s appeal to overturn the partial suspension of bauxite refining operations at Alunorte refinery by a court in the Brazilian state of Para emerges as a blow to the world’s largest alumina refinery. In April, the company had sued state prosecutors...
Inductotherm - Banyard has announced the successful contract for supply to Hydro Precision Tubing Tonder (HPTT) plant in Denmark, with imminent dispatch of 2x Banyard LFi Smart systems, which consists of 2x Zero Friction, Multi-layer, Multi Zone coil Induction Heaters for 9” aluminium billets, to...
Norsk Hydro, one of the largest aluminium companies worldwide, has teamed up with Tom Dixon to showcase aluminium in interior and furniture design. Tom Dixon is a self-taught British designer, who is currently the Creative Director of his own brand Tom Dixon, specialised in lighting, furniture, and...
According to the latest update by Shanghai Metal Market, the first stage of a hydropower project to produce and process aluminium in Zhaotong, in Yunnan province, is expected to start from June 1, 2018. A large number of aluminium companies are keen to tap Yunnan’s extensive hydropower capacity to...
