Hydro locks in renewable power supply through 2040 with Statkraft to drive low-carbon aluminium growth in Norway
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...
Bell Bay Aluminium conundrum: Can Tasmania close the $60m power gap?
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
Hydro to expand aluminum extrusion operations in Brazil
Hydro will invest NOK 300 million to deploy a new extrusion press at its aluminum extrusion plant in Itu near Sao Paulo of Brazil to expand its product offerings and fulfill the local demand for high value aluminum products. Hydro supplies extruded aluminum products to local markets from its plant...
Hydro to expand aluminum extrusion operations in Brazil
Hydro will invest NOK 300 million to deploy a new extrusion press at its aluminum extrusion plant in Itu near Sao Paulo of Brazil to expand its product offerings and fulfill the local demand for high value aluminum products. Hydro supplies extruded aluminum products to local markets from its plant...
VALCO, the heart of Ghana’s aluminium industry
The Volta Aluminium Company (VALCO) is a very well-known name on the country’s industrial landscape, and for obvious reasons. VALCO is perhaps the country’s largest industrial enterprise in terms of technology and employment and revenue generation. More importantly, it is the mother that gave birth...
Aluminum prices driven by financials - Norsk Hydro
Reuters cited Mr Jorgen Rostrup CEO of Norsk Hydro as saying that financing deals were helping to drive aluminium prices but they still had performed poorly compared with other base metals. Mr Jorgen Rostrup said that there seems to be a willingness to invest in these inventories to keep them off...
Norsk Qatalum plant hit by further delays
Norwegian aluminum producer Norsk Hydro yesterday said its joint-venture aluminum plant Qatalum won’t reach its full production capacity until the end of the third quarter after suffering further delays. Qatalum, a joint venture between Qatar Petroleum and Norsk Hydro, was hit by a power outage in...
Aluminium prices driven by financials -Norsk Hydro
Norsk Hydro's (NHY.OL: Quote) chief financial officer said on Tuesday that financing deals were helping to drive aluminium prices but they still had performed poorly compared with other base metals. "There seems to be a willingness to invest in these inventories to keep them off the market, with...
Aluminum becoming more popular in solar applications
Azom reported that the all aluminum MPE absorber project which was a joint entry by Hydro and Savo Solar won as best innovation in the category for solar thermal technology. The award was presented on the opening day of Intersolar Europe 2011, the world's largest trade fair for solar technologies....
Hydro Aluminum Unit Adds Jack Patrick to Staff
Company also promotes Tim Keesling to environmental director. Hydro Aluminum’s Extrusion North America unit, headquartered in Linthicum Heights, Md., has named Jack Patrick its health and safety director. The company also announced the promotion of Tim Keesling to environmental director. Patrick...
Aluminium Manufacturers Hydro Collaborate to Build Energy Positive Building in Norway
The Powerhouse alliance, consisting of developers Entra Eiendom, construction group Skanska, architects Snøhetta, environmental group ZERO and aluminium company Hydro will build Norway's first - and the world's northern-most - energy-positive commercial building, in Trondheim. "We are happy to be...
Semafo Plans to Build $230 Million Hydroelectric Power Plant in Guinea
Semafo Inc. (SMF), a Canadian gold producer that mines in West Africa, plans to build a hydroelectric power plant in Guinea, said Mody Oury Barry, head of the project. The $230 million, 130-megawatt plant will be constructed on the Cogon river, which is in the bauxite-rich region of Boke, Barry...
Norsk Hydro Q1 profit boosted by strong aluminum demand
...Hydro had underlying earnings before financial items and tax of NOK 1,448 million in the Q1 up from NOK 588 million in the Q4. Higher realized aluminum prices and premiums higher volumes and lower operating costs lifted underlying results for the quarter...
Low alumina volumes mar N.Hydro Q1, shares down
...Norwegian aluminium producer Norsk Hydro (NHY.OL: Quote) missed forecasts for its first-quarter results, as it suffered from weak alumina output from newly acquired assets...
NORSK HYDRO : First quarter 2011: Results rise on higher aluminium prices and stronger sales
... Hydro had underlying earnings before financial items and tax (EBIT) of NOK 1,448 million in the first quarter, up from NOK 588 million in the fourth quarter. Higher realized aluminium prices and premiums, higher volumes and lower operating costs lifted underlying results for the quarter. ...
NORSK HYDRO : First quarter 2011: Results rise on higher aluminium prices and stronger sales
... Hydro had underlying earnings before financial items and tax (EBIT) of NOK 1,448 million in the first quarter, up from NOK 588 million in the fourth quarter. Higher realized aluminium prices and premiums, higher volumes and lower operating costs lifted underlying results for the quarter. ...
Hydro push aluminum as an alternative to copper for refrigeration
...Hydro's precision tubing unit in China has been steadily increasing its amount of deliveries to non automotive customers and the company is working to capture more business this year. Thursday was the first day of China Refrigeration 2011 and Hydro was ready in Shanghai...
Aluminum plant grows
...An event was held at Hydro Aluminum's plant in North Liberty last week to mark the completion of the first phase of an expansion that will allow the company to move into new markets. Participating in the event were, from left: Ralph Westphal, general manager; Ted Stull, maintenance manager; and...
PT Inalum expects slightly lower aluminum output in 2011
...Reuters reported that Indonesia's PT Inalum expects its aluminium ingots production to fall 1% this year because of lower water levels at the hydro power plant that supplies electricity to its smelter...
Federal opposition meets with aluminum smelter staff
...Liberal Paterson MP, Mr Bob Baldwin will meet with management and workers at Kurri Kurri's aluminum smelter to discuss the Federal Government's controversial carbon tax. Nationals Leader, Mr Warren Truss will join Mr Baldwin at the Hydro smelter to hear from the industry about the impact of the...
