Hydro, an aluminium and renewable energy company, is investing Nkr1.65bn ($156m) to build a new wire rod casthouse at its aluminium smelter in Karmøy, Norway. The facility is designed to produce ...

Aluminium and renewable energy company Hydro (OTCQX:NHYDY) announced on Friday that it will invest NOK 1.65 billion ($156.29 million) in building a new wire rod casthouse at its aluminium smelter ...

to supply aluminium wire for power cables in Europe. The new wire rod casthouse in Karmoy will have a capacity of 110,000 tonnes per year, Hydro said in a statement. Completion of the casthouse is ...