Hydro is a leading aluminium and energy company committed to a sustainable future. Our purpose is to create more viable societies by developing natural resources into products and solutions in innovative and efficient ways.
With more than a century of industrial experience, we are enabling the green transition through innovation, technological advances, and a strong commercial mindset. Hydro supplies low-carbon aluminium products to customers worldwide, supported by a low-cost integrated value chain powered by renewable energy.
Aluminium is a key enabler for the green transition, and towards 2030 Hydro sees increasing demand for low-carbon aluminum especially from electrical vehicles, solar power and electricity systems. In addition, there is a demand for aluminium as a lighter, less expensive and more sustainable substitution for copper.
While total demand for aluminium is set to grow by around 3 percent annually through 2030, demand for low-carbon primary aluminium is expected to grow by approximately 20 percent and recycled aluminium by 5-6 percent annually. Hydro is uniquely positioned to succeed in this new reality and can utilize the integrated value chain to deliver low carbon aluminium products, complete with traceability and transparency at every step from mine to component.
Updated: May 21, 2024