Over this period, Fortum will supply 5.7 TWh of power to Hydro’s plants in price area NO3. Fortum is known for producing the cleanest energy in Europe, with action plans guided by ambitious environmental targets.
Long-term renewable energy agreements are crucial for Hydro to continue producing low-carbon aluminium. Renewable power is key to produce aluminium in Norway with 75 per cent less carbon footprint than the global average. It will also help Hydro achieve its zero carbon emission goals by 2050 because Fortum produce and deliver clean energy to enable industries to decarbonise their production processes.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
