Our proprietary smelter technology plays an important role in securing our competitive position. We believe our technology serves as an industry benchmark for environmental performance, and sets high standards for safety and productivity.
|Primary aluminium production
|Fabricated aluminium products
We produced 1,742,000 mt of primary aluminium at 10 wholly or partly owned primary aluminium plants in 2007. Many plants operated at record production during 2007.
Our rolled products production system is European based with seven plants in Europe and one in Malaysia. During 2007 we shipped 1,030,000 mt of rolled products. Within extrusion and building systems we have major operations throughout Europe and North and South America in addition to minor operations in Asia and Africa. We shipped 508,000 mt to our customers from this business during 2007.
Hydro operates 17 hydroelectric power plants in Norway, with a total installed capacity of 1,762 MW and with annual normal production of 9.0 TWh. In 2007, which was characterized by record high inflow of water into our reservoirs during the summer months, we produced 11.0 TWh - the second highest recorded production in our history.
Nine percent complete
The Qatalum project is a 50 percent joint venture with Qatar Petroleum to construct a new, integrated primary aluminium plant with a gas-fired power plant in Qatar’s Mesaieed industrial city. The project is progressing according to schedule and was 9 percent completed at the end of 2007. Liquid metal production is expected to commence by the end of 2009. Qatalum will be the largest greenfield primary aluminium plant ever built in one step.
Primary aluminium capacity is expected to be 585,000 mt annually (100 percent) when the plant is fully operational, and future expansion potential could increase production to 1.2 million mt per year. The total project includes the potrooms, anode production, two casthouses, a gas-fired power plant as well as port and service facilities. The estimated capital investment for the total Qatalum project is approximately USD 5.6 billion.
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