Aluminium firm Hydro targets NOK 6.5 billion green improvements by 2030, focusing on recycling and renewable power.

Aluminium company Hydro is pushing forward with its green transition, aiming for NOK 6.5 billion in improvements by 2030. The company plans to focus on recycling, extrusions, and renewable power, while phasing out battery materials and green hydrogen businesses. Despite short-term pressures, Hydro expects its low-carbon products to grow, positioning the company for long-term value in the expanding aluminium market.

November 27, 2024
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