Norway is set to play a pivotal role in advancing Europe’s sustainable aluminium supply chain with a $154 million investment in a new wire rod casthouse. Scheduled to begin operations in early 2028, this expansion will enhance the region’s capacity to produce low-carbon aluminium for high-voltage power cables, supporting critical energy infrastructure and reinforcing supply chain resilience.
The new facility will add 110,000 tonnes of annual production capacity, ensuring a steady supply of lightweight and durable aluminium conductors. Recognized as a key material for renewable energy systems, aluminium’s efficiency in power transmission makes it essential for Europe’s transition to clean energy.
As the demand for sustainable materials grows, this investment highlights Norway’s commitment to strengthening industrial capabilities and fostering a greener supply chain. With aluminium classified as a critical raw material, this expansion will help ensure Europe’s electrification projects are backed by reliable, low-carbon solutions.
Despite global market fluctuations, the rising need for renewable materials continues to drive growth in low-carbon and recycled aluminium. This investment, pending final approval later this year, will further reinforce supply chain stability and support Europe’s long-term sustainability goals.
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