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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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WTO says Trump’s steel tariffs violated global trade rules
Category: Business News
The World Trade Organization ruled on Friday that former President Donald Trump violated global trade rules in 2018 when he invoked national security concerns to justify his tariffs on steel and aluminum products from around the world. The Biden administration strongly condemned the decision, which it said was further proof that the WTO dispute settlement […]
Source: Politico
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Hydro Commerce first plant in the US certified by DNV to produce Hydro CIRCAL
Category: Business News
The aluminium plant in Commerce, Texas is Hydro’s first plant in the US certified to produce Hydro CIRCAL, a low-carbon recycled aluminium product containing at least 75% post-consumer, end of life scrap. “With auto manufacturers switching to electric vehicles, combined with the growing need for aluminium, we see this as an opportunity to bring large-scale […]
Source: Hydro
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