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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GreenCap Solutions has announced the launch of a demonstration project to test its carbon capture technology in primary aluminium production. The initiative targets the challenge of capturing CO₂ from low-concentration point sources, one of the most significant hurdles in the aluminium industry....
Norsk Hydro, the Norwegian aluminium and renewable energy giant, has announced plans to lay off about 750 white-collar employees. Just two months after signalling a temporary hiring freeze without specifying the affected business areas, the company has escalated the measure into targeted job cuts....
Do you know that recycling a single tonne of aluminium can prevent up to 9 tonnes of CO2 emissions compared to the production from raw materials? As the race toward net-zero accelerates, recycled aluminium has moved from the sidelines to become a cornerstone of a resource-efficient, low-carbon...
Who says aluminium is used only for machinery and factories? Now it’s also finding its way to furniture- literally! Norwegian brand Vestre is making it possible by turning recycled aluminium into sustainable and eco-friendly furniture. Vestre, a Norway-based furniture maker, would be using the...
Hydro Aluminium has placed an order for a batch homogenisation plant to enhance operations at its recycling facility in Spain, marking another strategic advancement in the global aluminium recycling sector. The plant will be supplied by Hertwich Engineering, a company known for its expertise in...
In a landmark move aligning economic ambition with climate strategy, China has commenced construction on the colossal Yarlung Zangbo Hydropower Project worth USD 168 million in Tibet. A massive clean energy initiative, this project is expected to reshape regional energy flows and significantly...
Amid an uncertain market trend across the globe, Norsk Hydro from Norway has managed to show resilience in its fiscal Q2 2025 performance, supported by firm aluminium and energy prices. The company reported a 33.41 per cent year-on-year increase in adjusted EBITDA, reaching NOK 7,790 million from...
Hydro, a leading aluminium and renewable energy company, has voluntarily agreed to terminate a long-term power purchase agreement (PPA) with Cloud Snurran AB and is deemed to receive a settlement compensation amounting to nearly EUR 90 million (USD 98.1 million). The amount for compensation is...
South32, the global mining and metals giant has flagged a potential impairment about the future of its Mozal Aluminium smelter, in its FY25 financial results due to deepening uncertainty over the smelter’s long-term electricity supply. The mining and metals major stated that ongoing contract...
Electricity is one of the key inputs for an aluminium smelter, requiring around 13,000 to 17,000 kWh for one tonne (1000 kg) of production. So, the more electric supply, the better it is for any primary aluminium producer; and if it is a hydro or green energy supply, then the best it is for...
Over the past few months, a series of announcements from Norsk Hydro may have given the impression of a brand in retreat. Hiring freezes, production curbs, and plant closures painted a picture of contraction. Yet, at the same time, the company was rolling out plans for fresh investments and...
In today's sustainability-driven world, the demand for eco-friendly materials is higher than ever, and this is where aluminium emerges as the leading character. Renowned for its strength, versatility, and infinite recyclability, aluminium is emerging as a game-changer in the push for greener...
RIA Cast House Engineering GmbH is proud to announce the signing of a Frame Contract with global aluminium producer Norsk Hydro ASA. Under the agreement, RiA will supply state-of-the-art rail mounted Furnace Charging Machines and Furnace Skimming Machines to support Hydro’s cast house operations...
Hydro Extrusions has once again earned recertification under the ASI Performance Standard V3.1 following a rigorous audit by DNV Assurance Services UK Ltd. With this, the ASI certification number for Hydro now rests at 74. This global recognition reinforces Hydro Extrusions' position as a leader in...
One year since its BRL 1.3 billion (USD 234 million) investment to phase out fuel oil and switch entirely to natural gas, Hydro’s Alunorte refinery in Pará, Brazil, has managed to cut a staggering 700 thousand tonnes of carbon dioxide annually. The figure is not only a testament to the scale of the...
Norsk Hydro has been in the headlines for contradictory reasons. On the one hand, they have been announcing closures, curbs, and a temporary hiring freeze, and on the other, they have made news for investments, expansions, and inaugurations in the past few months. Given Norsk Hydro’s repeated...
Norsk Hydro ASA has announced the successful placement of its inaugural European Green Bond (EuGB), issuing EUR 500 million (USD 571 million) in senior unsecured bonds under its Euro Medium Term Note (EMTN) Programme. To be listed on the Irish Stock Exchange (Euronext Dublin), the bond carries a...
Rio Tinto-owned the New Zealand aluminium smelter at Tiwai Point is eyeing production expansion with hydro lake storage levels on the rise. As per the report, the output is likely to ramp up to 335,000 tonnes per year from June 16, 2025. Image source: southlandtribune.substack.com Tiwai Point...
