Norsk Hydro

(IN BRIEF) Norsk Hydro ASA has provided an update on its share buyback program, which commenced on September 22, 2023, and is scheduled to conclude on February 29, 2024. The program’s recent transactions include the purchase of 75,309 shares on … Read the full press release →

(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release →

(IN BRIEF) Irizar e-mobility, a Spanish electric vehicle manufacturer, has become the first company to incorporate recycled aluminium produced using green hydrogen into their products. Hydro Extrusions, their supplier, produced the recycled aluminium in Navarra, Spain, using green hydrogen, which … Read the full press release →

(IN BRIEF) Hydro, a leading global aluminium company, has announced its strategic direction for the coming decade, focusing on capturing opportunities in the growing demand for low-carbon aluminium. The company aims to achieve this by stepping up its efforts in … Read the full press release →

(IN BRIEF) Hydro, a global aluminium producer, has signed a significant agreement with Sanvira Tech LLC to secure a stable supply of carbon anodes from Oman for its Norwegian aluminium smelters. The contract spans eight years with extension options and … Read the full press release →

(IN BRIEF) Hydro Extrusions, a leading aluminum manufacturer, has joined forces with UK startup Watt Electric Vehicles (WEVC) to supply recycled, low-carbon aluminum extrusions for WEVC’s upcoming electric commercial vehicle, the eCV1. This collaboration aims to reduce the vehicle’s weight … Read the full press release →

(IN BRIEF) Hydro, the Norwegian aluminum company, has celebrated a decade of investment in the Pará Biodiversity Research Consortium (BRC) in Brazil, amounting to approximately BRL 15 million. Over the years, the BRC has transformed from a formal agreement into … Read the full press release →

(IN BRIEF) Norwegian company Hydro is grappling with a potential disruption in its power supply as Markbygden Ett AB, a power supplier with whom Hydro has a long-term contract, enters into a company reorganization process under the Swedish Reorganization Act. … Read the full press release →

(IN BRIEF) Norsk Hydro ASA has provided details of transactions made under its share buyback program, which commenced on September 22, 2023, and is set to conclude on February 29, 2024. The program has involved multiple transactions, with varying daily … Read the full press release →

(IN BRIEF) Macquarie Asset Management has inked an agreement with Hydro, a prominent Norwegian aluminum and renewable energy company, to purchase a 49.9 percent ownership interest in Hydro’s renewable energy subsidiary, Hydro Rein, for $332 million. This deal values Hydro … Read the full press release →

(IN BRIEF) Hydro is dedicating €3 million to construct a new water treatment plant at its Schwandorf legacy site in Germany. The legacy site, acquired by Hydro in 2002, holds bauxite residue from operations by VAW from the 1930s to … Read the full press release →

(IN BRIEF) Hydro, a leading aluminium producer, is taking significant steps to enhance energy efficiency across its five aluminium smelters in Norway. The measures will lead to a reduction in electricity consumption, starting with the installation of LED lights and … Read the full press release →

(IN BRIEF) Hydro’s aluminum plant in Sunndal, Norway, aims to replace fossil fuels with local biomethane resources to cut emissions in the production process. The initiative is expected to reduce CO2 emissions by 20,000 tonnes annually, contributing to Hydro’s goal … Read the full press release →

(IN BRIEF) Hydro, a company specializing in aluminium solutions, has commenced the installation of solar panels and battery storage systems at its Swedish extrusions’ factories in Vetlanda, Sjunnen, and Finspång. The project, named Greener Sweden, aims to transition these factories … Read the full press release →

(IN BRIEF) Hydro, a mining company, has announced that all of its tailings facilities with the highest potential consequences in the event of a failure are now in compliance with the Global Industry Standard on Tailings Management (GISTM). The company … Read the full press release →

(IN BRIEF) Hydro, a leading aluminum company, is investing NOK 67 million (EUR 6 million) to upgrade its aluminum extrusion plant in Lucé, France. The investment aims to improve the plant’s equipment, buildings, and infrastructure, enhancing its potential to become … Read the full press release →

(IN BRIEF) Hydro Rein and GreenGo Energy have expanded their partnership to develop two new early phase solar projects in Denmark. The combined capacity of the projects is 410 MW, with an estimated total annual production of 522 GWh. The … Read the full press release →

(IN BRIEF) Hydro, a global aluminium supplier, has signed a letter of intent to collaborate with SolarDuck and subsidiaries of Tenaga Nasional Berhad (TNB) on an offshore floating solar energy project in Malaysia. The partnership aims to advance offshore floating … Read the full press release →

(IN BRIEF) Hydro, a global leader in aluminum production, has signed an agreement to purchase land in Torija, Spain, where it plans to build a state-of-the-art aluminum recycling plant. The facility will have an annual capacity of 120,000 tonnes and … Read the full press release →

(IN BRIEF) Glencore has agreed to acquire a 30% stake in Alunorte and a 45% stake in Mineracão Rio do Norte from Norsk Hydro for a combined equity value of approximately USD 775 million. Completion of the transaction is expected … Read the full press release →