NEWS

Manufacturing

Hydro joins Suppliers Partnership for the Environment to drive sustainability in U.S. automotive manufacturing

Category: Business News

Global aluminum and renewable energy company Hydro has joined the Suppliers Partnership for the Environment (SP), a collaboration between leading automotive manufacturers, suppliers and environmental organizations to accelerate the industry’s sustainability transition. Read full article HERE.

Source: Hydro


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Secretary Antony J. Blinken and Norwegian Foreign Minister Espen Barth Eide at the Signing of a Memorandum of Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals

Category: Business News

Secretary Blinken stated that yesterday’s “signing of this Memorandum of Cooperation demonstrates a shared commitment to economic security in both a timely and tangible way. Developing secure, transparent critical mineral supply chains is essential if we’re going to achieve our global clean energy goals, but it’s also an essential aspect of our national security.” Read Full […]

Source: www.state.gov

Published: January 10, 2024


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Why a Norwegian battery company is building a plant outside of Atlanta, Georgia

Category: Business News

A Norwegian battery company has been working since 2022 to open a supersize factory outside of Atlanta that will bring more than 700 jobs to the region. Freyr Battery is developing a manufacturing process for lithium-ion batteries that it says will be less expensive and have less waste than the processes many competitors use. The […]

Source: Fast Company


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FREYR Battery Receives Shareholder Approval for Redomicile from Luxembourg to the U.S.

Category: Business News

NEW YORK & OSLO, Norway & LUXEMBOURG–(BUSINESS WIRE)– FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, announced today that the Company has received the required votes to approve all proposals at its Extraordinary General Meeting (“EGM”) on December 15, 2023. As a result, FREYR expects to complete […]

Source: FREYR Battery


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Norway’s Hydro plans wind farm to power industrial plants

Category: Business News

OSLO, Dec 19 (Reuters) – Norwegian aluminium maker Norsk Hydro (NHY.OL) and two partners said on Monday they plan to build an onshore wind farm costing between 3 and 4 billion Norwegian crowns ($304 million-$405 million) on Norway’s west coast. The plant, if approved, would have output of 1 terrawatt hour (TWh) of electricity, providing renewable power […]

Source: Reuters


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