Industry News

Hydro to invest NOK 750 million to upgrade Sunndal aluminum smelter

Views : 121
Update time : 2021-12-15 19:44:13
Hydro has decided to invest NOK 750 million to strengthen its Sunndal aluminum smelter’s position as the largest aluminum plant and low-carbon aluminum supplier in Europe in the coming decades.

This investment will be used to replace and upgrade the existing high voltage and rectifier system, new service cranes, and electrification of selected operating vehicles, which will ensure that this position maintains for the next decades.

The project was scheduled to commence in June 2022 and was expected to be completed partly in the spring of 2024 and the summer of 2025.

The investment is waiting for a final decision, which was expected to be made in the first half of 2022.
Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics