Nexans Secures 85,000-Tonne Low-Carbon Aluminium Deal with Hydro for Grid Modernisation
Event summary
- Nexans and Hydro signed a five-year agreement for 85,000 tonnes of low-carbon aluminium wire rod.
- The deal supports Europe’s grid modernisation with aluminium produced using 100% renewable energy in Norway.
- Hydro REDUXA, with a verified footprint below 4.0 kg CO₂ per kg aluminium, will be supplied until 2030.
- The agreement aligns with Hydro’s expansion of aluminium wire rod capacity at its Karmøy smelter.
The big picture
This agreement underscores the strategic importance of securing sustainable material supplies amid Europe’s accelerating energy transition. As investment in renewable energy and grid reinforcement grows, long-term predictability in raw material supply becomes crucial. The deal highlights how partnerships focused on resilient and low-carbon supply chains are becoming critical for the energy sector.
What we're watching
- Supply Chain Resilience
- How Nexans’ long-term supply security will impact its ability to meet Europe’s growing electricity infrastructure needs.
- Regulatory Compliance
- Whether tighter carbon regulations in Europe will further reshape the aluminium market and supply chain dynamics.
- Market Demand
- The pace at which demand for low-carbon materials will grow across European energy infrastructure projects.