Grundartangi

The Grundartangi primary aluminum plant of Nordural was energized in June 1998 with an original capacity of 60,000 metric tons per year (mtpy) and 160 employees. The aluminum facility has grown in phases and will reach 260,000 mtpy by the end of 2007 when the number of employees will
have increased to over 400.

Reinforcement of Residence and Employment Opportunities:

Nordural is one of the largest employers in the western part of Iceland. The company has created stable employment and has played an important role in securing residence in the local municipalities. It is the policy of Nordural that the majority of its employees come from the neighboring communities, resulting in about 85% residing in Akranes, Borgarnes and the other local municipalities.

Nordural is a popular workplace and offers diverse jobs. Among the company’s employees are engineers, technicians, business administrators, psychologists, chemists, physicians, biologists, computer scientists, mechanics, machinists, electricians and welders, in addition to unskilled workers who gain specialization through their work and studies at the
aluminum plant.