Denmark-headquartered power cable manufacturer and installation company NKT has signed an agreement with Norway’s aluminium and renewable energy company Hydro for the supply of low-carbon aluminium wire rod through to 2033. The two firms have been partners for over 40 years.
According to NKT, the agreement ensures access to Hydro’s REDUXA 4.0, the world’s lowest-carbon EC grade aluminium wire rod, said to have a carbon footprint below 4 kg CO2e per kg aluminum, which is one-fourth the global average.
