Norsk Hydro ASA (Hydro) has signed a long-term power purchase agreement (PPA) with Eviny Fornybar to support the production of low-carbon aluminum for the European market.
The agreement secures an annual supply of 0.5 TWh of renewable power (5 TWh over the contract period) from 2031 to 2040, with electricity delivere

Norsk Hydro ASA (Hydro) has reached an agreement with the Slovak government that will enable the restart of the first 75,000 tons of the total 175,000 tons of annual primary aluminum production capacity at its Slovalco plant, subject to approval of the updated Slovak indirect carbon cost compensation scheme by the Eu

Norsk Hydro ASA (Hydro) has supplied low-carbon, recycled aluminum made from Hydro CIRCAL to the Daimler Truck reECONIC concept project. The material was used in the Mercedes-Benz Trucks eEconic-based waste collection vehicle. Hydro provided 31 different extruded aluminum parts totaling 600 kg, used in structural and

On March 3, Norsk Hydro ASA (Hydro) announced a controlled shutdown of aluminum production at its joint venture, Qatalum, in Qatar. After confirmation from its gas supplier about continued reduced supply, Qatalum will stop further curtailment and keep aluminium production at about 60% capacity.
Together with continui

Norsk Hydro ASA (Hydro) announced plans to close its extrusion plant in Lucé, France, to optimize its European extrusion footprint and improve competitiveness.
Around 80 employees would be affected. A formal consultation process with employee representatives is set to begin, and the site could close during 2026 if th

Hydro Extrusion Italy s.r.l., a subsidiary of Norsk Hydro, has announced the potential closure of its Feltre plant by 2026, affecting around 250 employees.
On January 20, 2026, the Minister of Enterprise and Made in Italy (MIMIT) held an initial roundtable discussion to address the situation. During the meeting, the

Norsk Hydro ASA (Hydro) has joined Alumobility, a non-profit association of leading aluminum producers and downstream technology partners, to accelerate the adoption of aluminum in the automotive industry.
The move reinforces Hydro’s commitment to supporting automotive OEMs in producing lighter and more sustainable v

Norsk Hydro ASA (Hydro) has collaborated with the University of Michigan to launch the Center for Recycling, Extrusion and Aluminum Technology (CREATe) partnership, investing USD 2.5 million over five years for this research initiative.
The project aims to advance aluminum recycling and extrusion alloy development wh

Norsk Hydro ASA (Hydro) has decided to finalize the integration process of Alumetal S.A., two years after its acquisition.
Alumetal operates as a standalone company under Hydro. Its operations in Poland and Hungary will be rebranded as Hydro Kęty, Hydro Gorzyce, Hydro Nowa Sól, and Hydro Komárom respectively in early

Norsk Hydro ASA (Hydro) has expanded its premium recycled aluminum product, Hydro CIRCAL, to include foundry alloys in addition to extrusion ingots.
The new offering maintains a minimum of 75% post-consumer scrap content, allowing automotive companies to use it for critical parts such as wheels, battery boxes, and st

Norsk Hydro ASA (Hydro) announced measures to strengthen its long-term resilience by reducing annual costs by NOK 1 billion, including approximately 750 job cuts.
The initiative aims to align the company’s organizational structure with strategic goals and changing business requirements. It complements Hydro’s previo

Norsk Hydro ASA (Hydro) has completed the recertification of its 74 production sites under the Aluminum Stewardship Initiative (ASI) Performance Standard V3.1, the highest number among aluminum extrusion companies.
The sites include 42 operations in Europe, 25 in North America, 2 in Asia and 5 in South America.
The r

Norsk Hydro ASA (Hydro) has inked a letter of intent (LOI) with Nemak to develop low-carbon aluminum casting products for vehicles, such as engines and structural components.
This will be done by using more post-consumer scrap and shifting to cleaner energy sources such as natural gas and electrical boilers at Hydro’

Norsk Hydro ASA (Hydro) has started the construction of a new EUR 180 million aluminum recycling plant in Torija, Spain. It will employ 65 people before the start of operation in 2026.
The plant is part of Hydro’s continuous efforts to strengthen the European circular economy by keeping more post-consumer scrap in th

Norsk Hydro ASA (Hydro) announced that Hydro Energi AS has signed a long-term power purchase agreement (PPA) with NTE for a total delivery of 660 GWh in the period from January 1, 2027, to December 31, 2029. NTE is a leading energy company focused on the production and distribution of renewable energy.
As a key playe

Norsk Hydro ASA (Hydro) has inked an agreement with Northvolt to acquire the remaining shares in the battery recycler Hydrovolt for NOK 78 million.
With this transition, Hydro’s ownership in Hydrovolt will increase from 72% to 100%. The closing of the transaction is expected by Q1/2025 pending certain conditions, inc

Norsk Hydro ASA (Hydro) announced a NOK 200 million investment to build a new sow casting line at its Husnes plant in Norway, which produces low-carbon extrusion ingot for the European construction and automotive industries. Construction is expected to start in 2025, with completion scheduled for Q1/2026.
The highly

On December 18, Hydro announced that it has joined the Suppliers Partnership for the Environment (SP), a Washington D.C. headquartered group of leading automotive manufacturers, suppliers and environmental organizations dedicated to accelerating the industry’s sustainability transition.
The partnership aligns with Hy

On October 30th, Hydrovolt, a 50:50 joint venture (JV) of Norsk Hydro ASA (Hydro) and Northvolt, opened a new production line dedicated to the discharging and dismantling of batteries. The semi-automated line is the first of its kind in the world for battery recycling. Hydrovolt's plant in Fredrikstad consists of two

Norsk Hydro ASA (Hydro) has decided to reduce its ownership in Vianode, a Norway-based synthetic graphite manufacturer for the battery industry, from 30% to 19.9%.
Altor’s exercise of a put option requiring Hydro to acquire an additional 20% of Vianode, announced on September 6, 2024, has not been executed. Hydro has