On Tuesday, March 3rd, Norsk Hydro stated that QatarEnergy has issued a declaration suspending the production of certain downstream products within Qatar, including urea, polymers, methanol, and aluminum.

According to the official website of Norsk Hydro, due to the challenging market environment, Norsk Hydro will close its Birtley extrusion plant in the UK by the end of May. The plant has an annual capacity of approximately 12,000 mt, and it is expected that the closure will affect 100 employees. The plant's customers and production activities have been transferred to Norsk Hydro's Tibshelf extrusion plant and Cheltenham extrusion plant.

Norsk Hydro, a Norwegian aluminium and renewable energy company, emphasises the importance of transparency regarding the environmental impact of the materials and products it offers to its customers and partners.

Norsk Hydro, a Norwegian aluminium and renewable energy company, is eyeing to source processed aluminium scrap for its North American extrusion plants.

On Wednesday, August 30, Norsk Hydro announced that its primary aluminium smelter in Sunndal would start using local, sustainable bioenergy instead of fossil fuels to curb carbon emissions from the production process.

【Battery Giant Sells Shares】Northvolt agreed to sell its remaining shares in the battery recycling company Hydrovolt to Norsk Hydro ASA. According to a statement on January 13, the transaction value of this share sale by Northvolt was 78 million Norwegian kroner (approximately $6.8 million), and Hydro's stake in Hydrovolt consequently increased from 72% to 100%. The transaction is expected to be completed by the end of this quarter, pending relevant approvals.