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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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How Oslo Learned to Fight Climate Change
Category: Business News
In September of 2019, roughly a dozen workers in Oslo, Norway, broke ground on the world’s first zero-emission construction site. They were widening a busy street into a pedestrian zone, using powerful machinery to break and lift slabs of asphalt. But the equipment was so quiet that nearby cafés and restaurants kept their front doors […]
Source: The New Yorker
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