(Norsk) Hydro Look at Establishing an Aluminium Plant in Greenland

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http://www.azom.com/details.asp?newsID=7490

Greenland Home Rule and Hydro have entered into an agreement to examine the possibilities for a primary aluminium plant in Greenland. The study will cover the environmental, social and economic issues related to a potential industrial development based on hydroelectric power supply.

It is the aim of the Greenland Home Rule Government to continue the positive business development in Greenland. The cabinet member for industry, jobs and vocational training, Siverth K. Heilmann, states that "this is yet another proof of Greenland's great potential for new industrial developments. This can open up new opportunities for the community, and it is the Government’s ambition to pursue such opportunities. We are working towards a sustainable, independent and well functioning community. This agreement is a step in that direction."

Both parties underline that they will take full consideration of Greenland's unique natural and environmental conditions, as well as other priorities, in this process.

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In line with its strategy to grow its aluminium activities, Hydro seeks to clarify if it is possible to establish a primary aluminium plant in Greenland with an annual capacity up to 300,000 tonnes. Such metal production requires a power-generating capacity of 500 MW.

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