Albras SA

Lower Prices And Cyber Attack Take Toll On Norsk Hydro’s Q2 Financial Results

Lower Prices And Cyber Attack Take Toll On Norsk Hydro’s Q2 Financial Results

Norwegian aluminium producer Norsk Hydro ASA released financial results for the second quarter on Monday. The firm’s bottom line suffered due to the twin effects of a drop in prices and an attack on the company’s IT systems. In the second quarter,...

Events

Pará Government Grants Norsk Hydro Permission To Resume 50-Percent Production At Alunorte

Just days after the Brazilian federal government gave Norsk Hydro the go-ahead to resume alumina production at the Alunorte refinery, the state environmental department acquiesced to the plant’s partial reopening under its supervision. On Monday, the Pará Secretary of State for Environment and Sustainability (SEMAS) signed off on Hydro’s petition to utilize the press filter […]

Hydro Granted Federal Permission To Operate Pump At Alunorte Disposal Pond, Averting Plant’s Closure

Mere days after Norsk Hydro’s announcement of the closure of its Alunorte alumina refinery, the Brazilian federal government granted the plant the authorization to operate the machinery necessary to utilize its only available bauxite residue area. On Friday the Brazilian Institute of the Environment and Renewable Natural Resources (Instituto Brasileiro do Meio Ambiente e dos […]

Norsk Hydro To Close Alunorte Alumina Refinery

The global alumina landscape is likely facing radical changes in the very near future after Norsk Hydro ASA announced the full closure of the world’s biggest alumina refinery in Brazil on Wednesday. The company says the decision to fully curtail operations at Alunorte was prompted by the fact that the bauxite residue deposit area 1 […]

Alunorte, Paragominas, And Albras Outages Pummel Norsk Hydro’s Q2 Numbers

Norsk Hydro reported numbers for the second quarter on Tuesday. The firm’s numbers suffered thanks to outages at key plants and increased cost of raw materials, but losses were mitigated somewhat by a rise in metal prices and gains in downstream and energy businesses. In the second quarter this year, Hydro mined 1,348 thousand metric […]

U.S. Sanctions and Brazilian Flooding May Pose Dire Situation for Aluminium Market: Hydro’s Brandtzæg

Thanks to the United States government’s sanctions upon the world’s second-biggest aluminium producer and mandated production cuts at his own company’s operations, the head of Norsk Hydro says that the global aluminium market may soon find itself mired in significant supply shortage. Hydro’s President and CEO Svein Richard Brandtzæg said as much in an interview […]