OB:NHYMetals and Mining
Norsk Hydro Power Deals Support Renewables And Lower Carbon Aluminium Value
Norsk Hydro (OB:NHY) has secured two new long term power contracts to support renewable aluminium production in Norway.
The company is investing in hydropower facilities to expand its access to renewable energy.
These moves are intended to back Hydro's position in lower carbon aluminium as aluminium gains attention as a critical raw material in the EU, US and NATO.
Norsk Hydro is a vertically integrated aluminium and energy group, and these power agreements and hydropower investments sit at...