Northvolt | Hydrovolt | Swedish Norwegian cooperation

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Northvolt | Hydrovolt | Swedish Norwegian cooperation

Post by KBleivik » ... in-norway/

"The two companies will establish Hydro Volt AS and build the first plant for recycling such batteries in Norway.

- We are excited about the opportunities this represents. Hydro Volt AS can handle aluminum from used batteries as part of our comprehensive value chain for metal, contribute to a circular economy, and at the same time reduce the climate footprint from the metal we offer, says Arvid Moss, Executive Vice President for the Energy business area and responsible for group development in Hydro.

Norwegian-Swedish cooperation
The joint venture is owned 50 percent each by the global aluminum company Hydro and Northvolt, which is a European battery manufacturer based in Sweden."
Source: Full Norwegian text ... p/72523488
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