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Reuters - 5 days ago

Norway's Hydro plots path to near-zero carbon aluminium

Norway's Hydro plots path to near-zero carbon aluminium By Pratima Desai LONDON, Nov 29 (Reuters) - Hydro is aiming to cut the carbon footprint of some of its aluminium to near zero by 2030 with technologies including renewable energy and carbon capture storage (CCS), the CEO of one of the world's largest aluminium producers told Reuters. Aluminium was recently included on the European Union's critical raw material list due to it being a key material for the energy transition.
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Reuters - 5 days ago

Aluminium maker Hydro ups profit goals, sees higher capex

UPDATE 3-Aluminium maker Hydro ups profit goals, sees higher capex Adds share reaction, analyst, detail on green transition and demand outlook in paragraphs 1-2, 5-7, 11 By Victoria Klesty OSLO, Nov 29 (Reuters) - Norwegian aluminium maker Hydro NHY.OL said on Wednesday it had raised its long-term cost cutting and profit targets, but rising capital expenditure and a disappointing dividend outlook still weighed on the group's share price.
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Reuters - 1 week ago

Australia's AMP set for best week since early November on class action settlement

BUZZ-Australia's AMP set for best week since early November on class action settlement Updates with share moves ** S hares of AMP AMP.AX r ose as much as 1.7% to A$0.915; on course for best week since Nov. 8 * * Analysts at Citi say news of Australian wealth manager settling 'buyer of last resort' class action presents a positive step forward ** AM
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Reuters - 1 week ago

Brazil port operator CLI to invest $122 million in Santos port terminal

Brazil port operator CLI to invest $122 million in Santos port terminal SAO PAULO, Nov 23 (Reuters) - Brazilian port logistics firm CLI plans to invest 600 million reais ($122.30 million) in its terminal, the largest in the country for sugar exports, at the Santos port in Sao Paulo state, an executive said on Thursday. The investment, which must be formalized through a contract with the federal government, is expected to boost the capacity of the terminal by 20% to 19 million metric tons per yea
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Reuters - 2 weeks ago

Australia's AMP's settlement of class actions proceedings a 'positive step' - Citi

BUZZ-Australia's AMP's settlement of class actions proceedings a 'positive step' - Citi ** Analysts at Citi say news of Australian wealth manager AMP AMP.AX settling 'buyer of last resort' class action presents a positive step forward ** AMP settled the class action proceedings for A$100 mln ($65.08 mln) - below Citi's initial estimate of A$400 mln
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