Hydro enters long-term anode sourcing contract
Hydro and Sanvira Tech LLC signed an agreement in Oslo on November 27, for the supply of carbon anodes from Oman to Hydro’s aluminium smelters in Norway.
“Hydro fully depends on stable and diversified supplies of high quality carbon anodes to make a material that the world needs. We are confident that Sanvira will be a robust, resilient and cost efficient long-term source of an essential raw material for Hydro’s aluminium smelters,” says Eivind Kallevik, Executive Vice President for Hydro Aluminium Metal.
The contract defines an offtake period of 8 years with the option to extend, and will cover up to 25 percent of the approximately 600,000 tonnes of carbon anodes consumed by Hydro’s Norwegian smelters annually.
The anodes will be produced at Sanvira’s new anode plant in Oman, which is currently under construction. After its projected completion in the first quarter of 2025, the plant will start qualification and performance testing towards Hydro in the second quarter of 2025.
