"The Alunorte situation demands the best of us and will be a touchstone of our ability to put firm action behind our words and aspirations. Resolving the Alunorte situation in a way that meets our highest standards and satisfy our stakeholders, is also a precondition to maintain the momentum of the rest of Hydro. I truly believe that the learnings will expedite firm improvements in our way of performing…

Reuters reported that Norwegian aluminium maker Norsk Hydro may build a new test plant at its site in Karmoey in western Norway with a capacity of 70,000 tonnes per year. If built, the firm plans to test new, more energy efficient production technology at the plant. Conditions for producing the metal in hydropower rich Norway, where Hydro has four fully owned plants and one part owned, had improved in…

Norsk Hydro, the global aluminium company, has made a last-minute approach to acquire Asia Aluminum, a high-profile Chinese company placed in provisional liquidation this year after foreign investors spurned a $1.2bn debt restructuring. The late intervention of the Norway-listed company, a leading global supplier of aluminium and related products, throws a potential lifeline to offshore investors lobbying…

Aluminum producer Norsk Hydro ASA is set to sell its automotive structures business to a German parts supplier, ridding the Norwegian company of the struggling division and positioning it to expand its other extruded activities. Oslo-based Norsk Hydro's automotive structures business, a unit of its Extruded Products sector, will be sold to Benteler Automobiltechnik GmbH before year-end, the company said in…

The agreements include a technical Term of Adjusted Conduct (TAC) signed between Alunorte - Alumina do Norte do Brasil S.A, Norsk Hydro do Brasil Ltda, the Ministério Público Federal (MPF), the Pará State Ministério Público (MPPA), the State Government of Pará, represented by the Secretariat of State of Environment and Sustainability (SEMAS). In addition, a social Term of Commitment (TC) has been signed…

Norwegian aluminium company Norsk Hydro ASA's wholly-owned subsidiary Hydro Energi AS has signed a long-term power contract with Blakliden Fäbodberget Wind AB, a Swedish wind power company, for annual baseload supply of 0.66 terawatt hours (TWh) in the period from 2022 to 2041. Blakliden Fäbodberget Wind AB is developing an onshore wind park located in northern Sweden, and is owned by Vattenfall (30%), PKA…

Norwegian aluminium company Norsk Hydro ASA has made a binding offer to acquire Rio Tinto's 100% share of Icelandic aluminium plant ISAL. The offer also includes the Dutch anode facility Aluchemie and Swedish aluminium fluoride plant Alufluor. Transactional highlights • Binding offer to acquire Rio Tinto's Icelandic aluminium plant Rio Tinto Iceland Ltd ("ISAL"), its 53% share in Dutch anode facility…

view picture gallery her Gallery Archive The North American Die Casting Association's Die Casting Congress & Exposition was held on October 5-7 at the Indiana Convention Center in Indianapolis, IN. This premier event for the North American die casting industry continues to gain momentum as indicated by record-breaking attendance numbers. The event attracted over 2,500 attendees and 202 companies showcased…

Executive Summary The North American investment casting market enters 2025 with momentum. Production rose across nearly all end-use sectors in 2024, and most foundries are reporting production gains across key sectors including aerospace, industrial gas turbines (IGT), automotive, and general industry. That said, the picture isn’t without complexity. While macroeconomic uncertainty, persistent supply chain…