Hydro to explore hydrogen opportunities to aid low-carbon aluminium growth

Aluminium producer Hydro is exploring the potential for developing and operating hydrogen facilities to meet internal demand and serve the external market, it said on Wednesday April 7.

The move is part of Hydro's strategy to 2025 to strengthen its position in low-carbon aluminium and explore new opportunities in recycling and new energy.
"We have large internal demand for gas used for heating in our casthouses and anode production, and a hydrogen production facility could be placed near the consumption. For Hydro it would contribute to our target of reducing our own CO2 emissions by 30% by 2030," Hilde Merete Aasheim, president and chief executive officer at Hydro, said in a statement.

A developer and operator role...

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold