Low-Carbon Aluminum for Premium Products

Pure aluminum from pure energy

At Norðurál Grundartangi, 600 employees work round the clock using electricity from Iceland’s renewable resources to process pure aluminum from aluminum oxide. Our product, pure aluminum and various aluminum alloys, are shipped to international customers, turning green energy from falling water and geothermal heat into one of Iceland’s most valuable exports.

Construction on a new production line

Construction has started on a new production line in Norðurál,Grundartangi. Around 40 permanent new jobs will be created when the new line starts production and yearly export revenues will increase by 20 – 30 million USD.

Confidentiality Lifted on Power Purchase Agreements

Norðurál uses almost a quarter of all electrical power produced in Iceland. At our request, confidentiality has been lifted on all but one of our power purchase agreements.

Environmental Report 2021

Norðurál has implemented green accounting to its operations, which is a comprehensive record of all the materials that are both sent to and from the aluminum plant. Our aim is to limit environmental impact.

Financial Statements 2021

We produced of 315.182 tonnes of aluminum and aluminum alloys in 2021. Electricity usage was about 25% of all electricity produced in Iceland. Total number of employees was 601.

In Grundartangi since 1997

Norðurál in Grundartangi is among the largest aluminum plants in Europe, with an annual production of 317.000 tons and approximately 600 employees. With Norðurál, Icelanders convert a fragment of the country’s power to a 600 million dollar export product while at the same time promoting the use of environmentally friendly energy sources and materials for vehicles, packaging and numerous other things.

2014 Production increase prepared by increasing the power and production of alloy begins. Mercedes-Benz uses aluminum from Norðurál for their C-Class car that is made 50% of aluminum.
2015 Norðurál signs the Paris Climate Agreement and thereby commits to reduce greenhouse gas emissions and waste production.
2016 Separation of organic waste begins in the cafeteria where 110 thousand meals are served every year. Green parking lots established.
2017 Approximately 317.000 tons of aluminum and alloy are produced. Number of employees is 600.
2018 All togher! an extensive employee safety project launched that reminds us that safety depends on the cooperation of us all.
2019 Norðurál receives ASI certification, for environmentally friendly and responsible production, and Equal pay certification.
2020 We introduce Natur-Al ™, low-carbon aluminum with one of the lowest CO₂ footprints in the world.

Stability, skills and first rate equipment

Jobs at Norðurál

Norðurál employs competent and ambitious staff who receive warm reception and appropriate vocational training.