OB:NHYMetals and Mining
Norsk Hydro (OB:NHY) Valuation in Focus Following Landmark Illvatn Hydropower Expansion Announcement
Norsk Hydro (OB:NHY) is moving forward with the Illvatn pumped storage power plant in Luster Municipality, marking its largest hydropower initiative in more than two decades. This expansion carries major implications for renewable energy capacity and future aluminium production.
See our latest analysis for Norsk Hydro.
The news of Hydro’s Illvatn hydropower investment comes as the stock notched a fresh 52-week high this week and posted a 4.9% one-month share price return, outpacing the Oslo...