
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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<p>Norsk Hydro reports first quarter 2017 results with an underlying EBITDA of to NOK 2,284 million in comparison to NOK 1,829 million in the fourth quarter 2016. The growth was primarily driven by higher realized all-in metal and alumina prices. </p> <p><img style="vertical-align: middle;...

<p>Hydro, one of the largest aluminium companies worldwide, is set to open new automotive production line in Grevenbroich, Germany on May 4. The new state-of-the-art production line will manufacture aluminium parts with capacity of 150,000 tonnes of aluminium per annum for the automotive...

<p>Norway-based aluminium producer Norsk Hydro recently released its annual report of 2016- Making the World Lighter. In it Hydro’s president and CEO Svein Richard Brandtzæg has written a letter to the company’s shareholders stressing on the reasons behind the huge...

<p>Norsk Hydro has published its annual report for 2016 with detailed information about Hydro's businesses, operational performance, financial performance, viability performance, corporate governance and financial statements.</p> <p><img style="vertical-align: middle; display: block; margin-left:...

<p>Arconic Inc. announced today its receipt of a portion of the proceeds from the sale of the Yadkin Hydroelectric Project (Yadkin) to Cube Hydro Carolinas by Alcoa Power Generating Inc., a subsidiary of Alcoa Corporation. Yadkin encompasses four hydroelectric power developments (reservoirs, dams...

<p>The global demand for alumina is growing like never before with phenomenal growth in aluminium production, especially in China. The world will continue to see strong demand growth for alumina particularly in China and the Middle East countries. It opens up new trading opportunities for the...

<p>The downstream aluminium industry witnessed Arfin India, a manufacturer, supplier and exporter of aluminium wire and other products winning a supply order from JSW Steel worth INR 1.07 billion; Hydro entering into an agreement with Yara regarding the sale of Herøya Nett AS and the...

<p>Hydro has entered into an agreement with Yara regarding the sale of Herøya Nett AS and the quay facility at Herøya Industrial park. The transfer, including around 30 employees, will likely occur in June 2017.</p> <p><img style="vertical-align: middle; display: block; margin-left:...

<p>The Norwegian economy is regaining confidence after the Trends Indicator showed consistent rise over the last few quarters. The economy was hit badly after oil industry downturn affected Southern and Western Norway in 2015. Since 2016 begining, the situation has been improving. The country with...

<p>The past week saw two of the biggest aluminium producers of the world- <strong>Norsk Hydro and Rio Tinto</strong> announcing their financial results for the fourth quarter and full-year period of 2016 ending December 31. While Hydro’s EBITDA for fourth quarter of the last fiscal rose...

<p>Norsk Hydro has reported its fourth quarter 2016 results with a record bauxite production at Paragominas and alumina production in Alunorte.<br /><br />For the full year 2016, the Paragominas bauxite mine and the Alunorte alumina refinery reached record yearly production of 11.1 million mt and...

<p>Norsk Hydro has reported its forth quarter 2016 results. Hydro's underlying EBIT increased to NOK 1,829 million in Q4 from NOK 1,477 million in Q3 2016. The rise was due to higher realized alumina and aluminium prices, slightly offset by seasonally higher costs and lower...

<p>Aluminium has been widely used in creating light, durable frames and structures for solar panels as it offers heat bearing capability, corrosion resistant and weather-resistant advantages to solar panel architectures. The malleability of aluminium allows the manufacturers to give shapes as per...

<p>Norwegian based aluminium company Hydro has signed a Letter of Intent (LoI) with the state of Pará and also a Memorandum of Understanding (MoU) with Shell Brasil Petróleo LTDA, with the aim to replace a major part of its current fuel oil consumption at the Alunorte alumina refinery...

<p>Aluminium production forms the largest part of the metals industry, one of the key export industries in Norway. Norsk Hydro is the single most dominant player in the country’s aluminium sector. Headquartered in Oslo, Hydro operates the largest primary aluminium plant in Europe, in Sunndal....

<p>On a further update on Lochabar aluminium smelter acquisition, Liberty House and SIMEC, the new owners of the smelter, are set to invest 120 million pounds ($149.76 million) in the project to make aluminium wheels for the car industry. <br /><br />“Liberty aims to protect the existing 170...

<p>Hydro announced through a press release on 15 December 2016 that the company has completed the acquisition of Vale's remaining shares in Mineração Paragominas S.A. (MPSA). Hydro expects the acquisition will have a positive impact for Bauxite & Alumina segment of about USD 45...

<p>Silvio Porto is appointed new Executive Vice President Bauxite and Alumina, and member of Hydro's Corporate Management Board. The change is effective as of December 13, 2016.<br /><br />Silvio Porto comes from the position as Chief Operational Officer (COO) in Bauxite and Alumina. He joined...