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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Leading auto aluminium sheet supplier Hydro announced the regional government of Düsseldorf had approved its new rolled products facility in Grevenbroich. The official opening of the facility is scheduled in 2017. "This is a major project that's advancing all the time and remains on time and on...
Alberto Fabrini, Executive Vice President Bauxite & Alumina, says Hydro’s ambition is to return the forest impacted by bauxite mining to the same or better state than before mining activity. At a climate and biodiversity seminar in Belem, Brazil, on Wednesday this week, Fabrini stressed Hydro’s...
Hydro supports a global climate agreement to curb greenhouse gas emissions, including putting a price on carbon emissions, in connection with the upcoming UN Conference on Climate Change. The COP21 (21st Conference of the Parties) gathering in Paris November 30-Dec. 11 is expected to agree to a new...
World-famous architect Daniel Libeskind has created an extraordinary large-scale sculpture: Wings. The four-part artwork is made primarily of aluminium provided by Hydro. Libeskind’s artwork is the size of a tree and opens towards the top like the petals of a bloom. Its two pairs of wings anchor at...
Aluminium recycling will be in focus at the 23rd International Recycled Aluminium Conference in Madrid, November 16-18, 2015. As part of the conference, participants will visit Hydro’s recycling plant in Azuqueca. Roland Scharf-Bergmann, head of Recycling in Hydro, the lead sponsor of the event,...
Roland Scharf-Bergmann, Head of Recycling in Hydro's Primary Metal business, has been elected chairman of the Recycling Division of European Aluminium by the organization’s General Assembly. European Aluminium represents the interests of the entire value chain of the aluminium industry in Europe....
Hydro's underlying earnings before financial items and tax declined to NOK 2,215 million in the third quarter from NOK 2,667 million in the second quarter of 2015. Weaker alumina and aluminium prices and premiums weighed on results, while strong rolled products sales and record bauxite production...
Norway's Norsk Hydro, one of the world's largest makers of aluminium, does not expect the price of the metal to rebound in the short term, Chief Executive Svein Richard Brandtzaeg told Reuters on Wednesday. "When you evaluate the development in the market I think one of the most important factors...
Hydro has entered into a binding agreement to sell its aluminium rolling mill in Cisterna di Latina, Italy, to Rolling Mills International GmbH. Hydro's rolling mill in Cisterna di Latina produces aluminium rolled products, mainly standard strip and sheet, as well as plain foil. Through the...
Brazil’s Federal and State Public Attorneys in Pará and the State Public Defender has requested that the Brazilian federal court halt activities at the Vila do Conde port to clean up after a ship, carrying cattle, capsized in the port on October 6. Hydro’s operations at the nearby Albras and...
Hydro has signed a Letter of Intent (LoI) with Brazilian mining company Vale for the possible acquisition of Vale's 40 % interest in Brazilian bauxite producer Mineração Rio do Norte (MRN), which would strengthen Hydro's global position as a long player in bauxite and alumina. An eventual agreement...
Norsk Hydro ASA, Europe’s third largest aluminum producer, is likely to follow its larger competitor Alcoa Inc. in splitting itself to better cope with a slump in the aluminum market, according to an analyst at Norway’s Fondsfinans AS. It’s “just a matter of time” but Hydro is “not known as a fast...
Yunnan Metallurgical Group signed an agreement with the government of Zhaotong, Yunnan, to build a 700,000-tpy aluminum project there, hexun.com reported. The project is scheduled to enter into operations in October 2017, with construction scheduled to begin in October 2015, the media added. The...
Hydro's Rolled Products is working to establish aluminium foil as an important part of power-storing lithium-ion batteries. With Swiss battery producer Leclanché, this battery foil is now being used in the Azores. It looks and feels like typical aluminium foil used at home, but is a product of...
Norwegian aluminum producer Norsk Hydro has established a bauxite and alumina trading business in China to supply aluminum smelters there, a sign producers have found ways to profit from China's surging output which many say threatens smelters in the rest of the world. The company created Hydro...
Guinea is in talks with China International Water & Electric Corp. to build a $2 billion hydro-power dam that would almost double the West African country’s energy output, providing new capacity for the expansion of bauxite processing, said Lansana Fofana, an energy ministry official. The...
European countries are receiving an increasing number of refugees. German authorities are working with the industry to facilitate jobs for some of the refugees, where Hydro is contributing with additional apprenticeships. Hydro will establish eight apprenticeship positions in Grevenbroich, Neuss...
Hydro is hoping to lodge an Environmental Impact Statement (EIS) for the demolition of the Kurri Kurri aluminium smelter by the end of the year. Alongside, the company also plans to commence an investigation to study the viability of various options for recycling the pot lining of the idled...
