NHYDY News and Press, Norsk Hydro ASA ADR From 08/24/22

Summary It has been revealed recently that China's SMIC seems to have achieved a technological breakthrough of a significant proportion on 7 nm semiconductors, despite our efforts to restrict enabling technologies. Meanwhile, Russia seems intent on executing a full divorce from We...

Industri Energi and Norsk Industri have today agreed on a solution to the labor dispute regarding the revision of the Electrochemical Agreement. The strike at Hydro Sunndal will be called off with immediate effect. Hydro Sunndal will resume normal operations from tomorrow and shipping o...

Europe's energy crisis takes on a permanent feel, as its relationship with its largest energy provider is breaking down and there are few opportunities to completely replace those resources. In the absence of reliable alternatives, the EU now has no choice but to fully commit to a ren...

Aluminum prices are rising on the London Metal Exchange Wednesday following news that another European smelter will close due to high power prices. Norsk Hydro ( OTCQX:NHYDY ) said it plans to close its majority-owned primary aluminum facility in Slovakia by the end of Septe...

Hydro’s majority owned Slovalco aluminium facility in Slovakia has decided to close the primary aluminium production at the plant. The closure will be completed by the end of September 2022. The decision to terminate primary aluminium production at Slovalco comes in response ...

Following the mediation between the labor union, Industri Energi, and the employers’ organization, Norsk Industri, on August 13, 665 employees at Hydro Sunndal, who are organized in Industri Energi will go on strike from Monday, August 22. The mediations between the parties o...

Future demand of aluminum exists but is comparatively less than other commodity metals. Alcoa's financial profile appears to be inferior compared to other peer companies. Overall, Alcoa is at most suitable only for a short-term value play instead of a long-term growth investment. ...

Save the dates for Norsk Hydro's Capital Markets Day 2022. The event will take place in London, UK on December 15 2022. December 15 will consist of presentations held by Hydro's Corporate Management with an annual update on Hydro's activities as well as on the latest market developments...

NORW is a relatively one dimensional ETF that allows investors to make quite a narrow bet while diversifying totally idiosyncratic risk. The FX risks are limited for US investors due to oil being traded in dollars and the skew towards oil companies. Other major exposures are lever...

Norsk Hydro has an extraordinary competitive advantage in its markets due to low-cost assets and vertical integration with Norwegian hydropower assets. Raw material exposures beyond integrated power are limited, only to gas and coal, and a portion of it is even hedged. Extrusions ...