Aluminium company Norsk Hydro buys Northvolt recycling division

Julian Buckley International Editor, Power Progress

15 January 2025

Norsk Hydro (Hydro) has reported it will purchase the remaining shares of Hydrovolt, the battery recycling division of Northvolt.

Battery cell and pack producer Northvolt entered Chapter 11 bankruptcy in the United States in November 2024 so as to carry out a financial restructuring process.

Key customers included Fluence Energy,…

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