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Norðurál logo — company profile

Norðurál

Founded 1997 Iceland Iceland 122 employees Industrial, Manufacturing

General Information

Company Name Norðurál
Founded Year 1997
Location Iceland Iceland +2
Employees 122
Industries Industrial, Manufacturing
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About Norðurál

Norðurál is an industrial and manufacturing company based in Iceland, founded in 1997. With a workforce of 600 employees, the company operates round the clock using electricity from Iceland’s renewable resources to process pure aluminum from aluminum oxide. Their primary product, pure aluminum and various aluminum alloys, is exported to international customers, making it one of Iceland’s most valuable exports, driven by green energy sourced from falling water and geothermal heat. The company takes pride in offering diverse job opportunities with a wide range of roles including engineers, technicians, business administrators, psychologists, chemists, physicians, biologists, computer scientists, mechanics, machinists, electricians, and welders. Additionally, unskilled workers are provided with opportunities for specialization through their work and studies at the aluminum plant. Norðurál presents an intriguing investment opportunity for venture capitalists due to its long-established presence, sustainable business model, and a focus on leveraging renewable resources for industrial processes. With an emphasis on green energy and a significant role in Iceland’s export economy, the company’s potential for growth and international impact makes it an attractive prospect for investment in the industrial and manufacturing sectors.

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Norðurál Alternatives & Competitors

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FAQ About Norðurál

At Norðurál Grundartangi, 600 employees work round the clock using electricity from Iceland’s renewable resources to process pure aluminum from aluminum oxide. Our products, pure aluminum, and various aluminum alloys, are shipped to international customers, turning green energy from falling water an...
Norðurál was founded in 1997.
Norðurál is headquartered in Iceland.
Norðurál operates in the following industries: Industrial, Manufacturing.
Norðurál has approximately 122 employees.
Top alternatives and competitors to Norðurál include GeoSilica Iceland, AlumiPlate Inc., Arctic Fish, United Aluminum Corporation, VSV Iceland. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Norðurál and GeoSilica Iceland are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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