Hydro Signs 85,000-Tonne Low-Carbon Aluminum Supply Deal with Nexans
Aluminum | 2026-07-08 11:22:15
Under the terms of the agreement, aluminium will be produced in Norway using renewable energy.
By Paul Ploumis
SEATTLE (Scrap Monster): Norway-based Hydro has entered into a five-year agreement with Nexans to supply around 85,000 tonnes of low-carbon aluminium wire rod between 2026 and 2030. The new agreement is expected to support the expansion and modernization of Europe's electricity grid.
The long-term partnership is aimed at meeting the rising demand for sustainable materials, especially at a time when Europe is seen accelerating its shift toward renewable energy. Under the terms of the agreement, aluminium will be produced in Norway using renewable energy.
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The aluminium supplied under the contract will come from Hydro REDUXA, the company's low-carbon aluminium brand, which has a verified carbon footprint of less than 4.0 kg of CO₂ per kilogram of aluminium. Nexans will use the supplied material in the production of medium-voltage power cables, overhead transmission lines, and subsea high-voltage cable systems
Hydro noted that the agreement complements its ongoing investment to expand aluminium wire rod production at its Karmøy primary aluminium plant.
The agreement reflects the two companies' shared commitment to supporting Europe's energy transition.
POLL
What is the primary objective of the Hydro–Nexans aluminium supply agreement?
Frequently Asked Questions
- What is the duration of the Hydro–Nexans agreement?
The agreement runs for five years, covering the period from 2026 to 2030.
- How much low-carbon aluminium will Hydro supply?
Hydro will supply approximately 85,000 tonnes of low-carbon aluminium wire rod.
- What will Nexans use the aluminium for?
Nexans will use it to manufacture medium-voltage power cables, overhead transmission lines, and subsea high-voltage cable systems.
