Metals News Hubb
Advertisement Banner
  • Home
  • News
  • Metallurgy
  • Contact
No Result
View All Result
  • Home
  • News
  • Metallurgy
  • Contact
No Result
View All Result
Gourmet News Hubb
No Result
View All Result
Home Metallurgy

Norsk Hydro And Porsche Partner On Carbon Reduction Solutions – Aluminium Insider

admin by admin
April 28, 2023
in Metallurgy


Norwegian aluminium producer Norsk Hydro ASA and German automaker Porsche AG have entered into an agreement to collaborate on developing new materials and systems aimed at reducing the automaker’s carbon footprint.

The agreement has two main parts: first, Porshe has contracted with Hydro to begin including its low-carbon aluminium extrusions in its vehicles, and second, Porshe and Hydro will work together on developing a new value chain concept for the production of battery materials and for battery recycling.

Hydro says that supplying Porshe with its low-carbon aluminium is expected to reduce each unit’s carbon footprint to about 3.5 kg of CO2 per kg of aluminium. A drop of this magnitude will put Porsche about 60 percent under the average primary aluminium currently used on the European continent.

Barbara Frenkel, Executive Board Member for Procurement at Porsche AG, said in a press release that achieving net-zero carbon emissions is a priority for her firm.

“Porsche is working towards a net carbon-neutral value chain of our vehicles in 2030. Aluminium and materials for battery production play a key role in our sustainability strategy. With Hydro’s aluminium we aim to substantially reduce CO2 emissions deriving from this important material.”

Hilde Merete Aasheim, President and CEO of Hydro, noted the key role aluminium plays in the drive to reduce carbon emissions.

“To reduce global warming, we need to decarbonize energy systems, produce for circularity and recycle resources already in use. Aluminium is a key enabler in the green transition, but supply chains must become emission free. The industry needs to partner up to make this happen and we are pleased to be able to work with a pioneer like Porsche in our common task to create a nearly carbon-free car.”

Norsk Hydro, which was founded in 1905, financed by the Swedish Wallenberg family and French banks, began its life named Norsk hydro-elektrisk Kvælstofaktieselskab (literally, “Norwegian hydro-electric nitrogen limited”) by Sam Eyde. The Norwegian government owns approximately 40% of the company at the present time. Norsk Hydro is one of the largest aluminium companies in the world, with plants in Rjukan, Raufoss, Vennesla, Karmøy, Høyanger, Årdal, Sunndalsøra, and Holmestrand. Norsk also has several plants abroad.



Source link

Previous Post

Century Aluminum Buys 55 Percent Share Of Jamalco Alumina Refinery – Aluminium Insider

Next Post

Silver Shortage 2023? Why Global Silver Demand is Outpacing Supply

Next Post

Silver Shortage 2023? Why Global Silver Demand is Outpacing Supply

Recommended

Peru expects 74 mining projects to become operative in 2023

9 months ago

What you need to know before you boondock

17 hours ago

VIDEO: Where battery technology is going – and what it means for miners

2 weeks ago

How Important Is Solar to the Silver Market?

10 months ago

Sunshine Coast Set to Launch A$40.5MM Aluminium Recycling Facility – Aluminium Insider

3 months ago

The Scheme of Central Bankers to Subjugate Humanity

4 weeks ago

© Metals News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Metallurgy
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Metallurgy
  • Contact

© 2022 Metals News Hubb All rights reserved.