Norsk Hydro to build 600,000 ton smelter in Iceland? Skip to content

Norsk Hydro to build 600,000 ton smelter in Iceland?

By Iceland Review

Norwegian oil and aluminum company Norsk Hydro and the Icelandic government met yesterday to discuss the possibility of building a 600,000 ton smelter in Iceland within the next eight years.

The company’s representatives met with Iceland’s Minister of Industries Jón Sigurdsson yesterday to present their ideas, as Bladid reports.

Manager of the North Atlantic branch of Norsk Hydro, Bjarne Reinholdt, told Bladid the price of energy and raw material has to be calculated precisely before deciding whether building a smelter will pay off.

Thomas Knutzen, communications officer at Norsk Hydro, said Iceland is in an important location for aluminum smelters, midway between Europe and America.

Knutzen told Bladid that Norsk Hydro is also interested in technological development of energy matters in Iceland.

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