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The U.S. Department of Energy awarded the tax credit under the Inflation Reduction Act’s Section 48C Qualifying Advanced Energy Project tax credit program. This follows a competitive process involving over 800 different potential projects around the U.S.

“We appreciate the support from the Department of Energy and the Department of the Treasury as well as their recognition of how Hydro’s recycling initiatives in the U.S. support strengthening supply chains for OEMs in America with domestically produced, low-carbon materials,” says J. Duncan Pitchford, President of Hydro Aluminum Metals USA.

As announced by Hydro in May 2024, the HyForge project expands on the automotive focused production at the company’s Henderson recycling plant.

“This award acknowledges not only the groundbreaking technologies being deployed by Hydro, but also broad support from local and regional stakeholders for Hydro’s continued investment in the Henderson community,” says Pitchford.

The HyForge project will become operational following a two year construction period and supply the U.S. automotive market with high-quality automotive components. The Hydro Henderson’s plant’s current production capacity is 90,000 tonnes per year and the expansion will increase capacity by 28,000 tonnes.

New technology serving a growing automotive market

The HyForge line brings new technology pioneered by Hydro in Europe to the U.S., serving a growing automotive market.

The new technology will enable the plant to serve the automotive market’s need for smaller diameter, high-quality forging stock that can be forged directly into high-quality automotive components.

Aluminum’s strength-to-weight ratio allows it to replace heavier materials, saving both costs and emissions. Many industries like automotive choose aluminum for its low maintenance properties, durability and resistance to corrosion, resulting in long-term resource savings.

Utilizing high percentages of end-of-life scrap material, HyForge production at Henderson will deliver products with a carbon footprint more than 30 percent lower than the existing products in the U.S. market. 

Because HyForge also eliminates a production step traditionally required for production of automotive forging stock, it also delivers cost competitive solutions for automakers as they look to further lightweight their vehicles. 

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