Hydro will produce 515,000 tons of primary aluminum in 2024
February 17, 2025
According to the company's 2024 results report, in the fourth quarter of 2024, Hydro's revenue reached 55.057 billion NOK, an increase of 18% year-on-year and 10% quarter-on-quarter. In 2024, the company's revenue totaled NOK 203.636 billion and NOK 193.619 billion in 2023.
Net profit amounted to NOK 1.782 billion in the fourth quarter of 2024, compared with a net loss of NOK 2.771 billion in the fourth quarter of 2023; That's up 26% quarter-on-quarter. The company's net profit totaled NOK 5.04 billion in 2024 and NOK 2.804 billion in 2023.
In the fourth quarter of 2024, bauxite production reached 2.918 million tons, an increase of 5% year-on-year and 29% quarter-on-quarter, and the company's total production reached 10.506 million tons in 2024 and 10.897 million tons in 2023.
In the fourth quarter of 2024, alumina production reached 1.516 million tons, a year-on-year decline of 4%, an increase of 4%, in 2024, the company's total production reached 5.973 million tons, and in 2023, 6.185 million tons.
In the fourth quarter of 2024, the primary aluminum production reached 515,000 tons, which was basically the same as last year, an increase of 1% from the previous year, and the total primary aluminum production of the company reached 2.038 million tons in 2024 and 2.031 million tons in 2023.
