Hydro
Hydro reports $965m Q3 EBITDA on strong aluminium prices and record Norwegian smelter output
Hydro reported higher adjusted earnings in the third quarter of 2026, supported by strong aluminium prices, record liquid metal production from its Norwegian smelters and improved performance in Recycling and Extrusions. Adjusted EBITDA rose to NOK 9 billion (USD 965 million) from NOK 8.92 billion (USD 957 million) in the second quarter, an increase of around 0.9 per cent quarter-on-quarter. Adjusted earnings per share increased to NOK 2.3 (USD 0.25) from NOK 1.0 (USD 0.11) in the third quarter of 2025, a rise of 130 per cent year on year. The company generated free cash flow of NOK 1.4 billion (USD 150 million) during the quarter. Strong adjusted EBITDA was partly offset by higher net operating capital, mainly due to increased metal prices, working capital requirements and prepayments....
$3.7B Kurri Kurri Data Centre to transform former aluminium smelter site with 550.5 MW power demand
A proposed AUD 3.7 billion data centre at the former Hydro Aluminium Kurri Kurri industrial site in New South Wales, Australia, could repurpose a major industrial property for digital infrastructure, with an estimated peak construction workforce of 1,210 people and around 254 ongoing jobs. The Kurri Kurri Data Centre project, proposed at Hart Road, Loxford, is seeking approval for the fit-out and operation of a large-scale data storage facility with a planned power consumption of 550.5 megawatts (MW). The development application, listed as a State Significant Development under reference SSD-128819490, is currently at the public exhibition stage. The proposal highlights how former aluminium industry sites could find new uses as demand for data storage and computing infrastructure expands....
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREEurope’s recycled aluminium production: Germany, Italy and the UK anchor a competitive market
Global EV sales to hit 35.4 million by 2030, with aluminium usage forecast to rise 38% in North America & 79% in China
AL Circle analysis: How do Germany’s 32.8% automotive aluminium share, 40% Diet Coke can price rise & 3.54Mt North American extrusion demand matter?
AL Circle Analysis: Guinea’s 150Mt bauxite cap, China’s import swings, US tariffs draw aluminium Q4’26
EU approves Germany’s power relief instrument: Could aluminium producers save €459m annually?
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Hydro reaches key milestone in development of zero-emission aluminium technology
Hydro has produced aluminium using its new HalZero electrolysis technology for the first time. The milestone marks an important step in Hydro’s work to develop a new primary aluminium production process with the aim of achieving net-zero emissions. Since 2016, Hydro’s technology teams have been working to develop HalZero, an entirely new process for producing primary aluminium, which could replace the technology used globally today, first patented in 1886. The new technology is based on converting alumina into aluminium chloride before electrolysis in a process designed to keep chlorine and carbon in closed loops. The long-term ambition is to eliminate CO2 emissions from both electrolysis and anode production, releasing oxygen instead of CO2. Hydro has now produced metal from aluminium...
Enova supports development of zero-emission aluminium technology with NOK 82 million
Enova, a state enterprise owned by the Norwegian Ministry of Climate and Environment, has awarded Hydro close to NOK 82 million for a feasibility study for the next phase in the development of HalZero, Hydro’s technology for aluminium production with net-zero CO2 emissions. The funding from Enova will be used for concept development and planning of an industrial pilot facility (Industrial Concept Pilot, ICP), laying the foundation for further development and scaling of the technology. “The support from Enova enables us to further develop the plans for the next phase of HalZero. This is an important step in developing and scaling the technology toward potential deployment at industrial scale,” says Hanne Simensen, Executive Vice President of Hydro Aluminium Metal. HalZero is Hydro’s...
Germany’s automotive industry drives 32.8% of aluminium consumption as EV production rises 23%, led by Volkswagen, BMW & Mercedes-Benz
Germany’s automobile industry is a major part of the country’s aluminium story, with the metal used in everything from vehicle body panels and chassis components to battery enclosures and electric-drive systems. As automakers develop lighter vehicles and expand their electric models, aluminium has become an important material across the manufacturing process. Germany’s automotive industry consumes around 950,000 tonnes of aluminium annually, accounting for a substantial share of the wider transport sector’s demand. In 2025, Germany’s total aluminium consumption stood at approximately 2.9 million tonnes, with the transport sector accounting for 1.35 million tonnes, representing 46 per cent of the total. This extensive use of aluminium in transport mirrors its importance to the global...
AL Circle analysis: Germany’s aluminium trade surplus, Novelis’ US expansion, Asia’s EV demand & India’s underutilised downstream capacity
Aluminium’s next growth phase is increasingly being shaped by downstream processing, supply-chain resilience and demand from specialised applications. Germany continues to generate a substantial trade surplus in flat-rolled products despite a shrinking primary aluminium base, while North America is investing in recycling and rolling. Across Asia, new manufacturing capabilities and growing demand from electric vehicles, railways and batteries are creating further opportunities. However, declining exports, underutilised capacity and uneven profitability show that investment alone does not guarantee success. For industry leaders, the challenge is to identify where demand is shifting, develop products that meet customer requirements and ensure that new investments translate into sustainable...
Who’s holding up Germany’s aluminium game? Meet EGA, Hydro and Constellium
Germany does cars, machinery and engineering rather well, and all of that needs a lot of aluminium. So, when three international players put serious money and muscle into the country's aluminium industry, it's worth a look. Together, the three companies offer an interesting snapshot of more recycling, more specialised products, stronger local supply chains and lower-carbon production. Here is who is doing what, and why it matters. EGA: The Gulf giant moving into Hannover Emirates Global Aluminium (EGA) is the world's largest "premium aluminium" producer. It already ships over 600,000 tonnes of primary aluminium to Europe every year, with the automotive and construction industries among its key customers. Then it did something it hadn't done in a decade: it bought a company. That company...
ALUMINIUM 2026: Hydro invests to strengthen resilience across the aluminium value chain
Since ALUMINIUM 2024, Hydro has entered several long-term renewable power agreements, invested in new production and recycling capacity in Europe, entered new partnerships with brands like Mercedes-Benz and CHANEL Fragrance and Beauty as well as customer agreements covering close to 360,000 tonnes of low-carbon aluminium for Europe’s electricity infrastructure. The aluminium products from Hydro are critical to energy infrastructure, mobility, and building and construction as they contribute to future proofing customers. Value chain transparency, documentation, low-carbon and recycled content, and the way Hydro works with customers to deliver circular solutions demonstrates how aluminium is part of the solution. The commitments come as aluminium is increasingly recognised as a critical raw...
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