Second And Final Production Embargo At Alunorte Lifted By Brazilian Court
The last remaining production embargo at Alumina do Norte do Brasil S.A. (Alunorte) is a thing of the past after...
Alunorte
Albras To Resume Full Production By Year’s End
Albras Alumínio Brasileiro S.A.’s (Albras) board of directors determined on Tuesday that the smelter will begin a return to full production in view of the lifting of state-mandated production curtailment at Alumina do Norte do Brasil S.A. (Alunorte) over the past week....
One Of Two Production Embargoes Against Alunorte Lifted By Brazilian Federal Court
A Brazilian court rescinded a production embargo on operations related to a civil lawsuit at Alumina do Norte do Brasil...
Brazilian Court Weighing Lifting Production Embargoes At Alunorte
Norwegian aluminium producer Norsk Hydro ASA said on Friday that its alumina subsidiary Alumina do Norte do Brasil S.A. (Alunorte)...
Events
Alunorte Embargo Winding Through Brazilian Courts
Norwegian aluminium smelter Norsk Hydro ASA updated its investors on the situation at its Brazilian aluminium refinery Alunorte, noting that progress had been made both on the judicial front and with state environmental regulators. Hydro said Monday that it has reached an agreement with the Ministério Público to engage outside consultants to determine whether the […]
Despite Difficulties, Norsk Hydro Is Well Positioned To Capitalize On Changing Market: Brandtzæg
In a letter penned by President and CEO Svein Richard Brandtzæg, mandatory curtailment at Alunorte and a spike in raw material costs conspired to damage Norwegian aluminium smelter Norsk Hydro ASA’s bottom line last year. Noting that Extruded Solutions was fully integrated in the firm last year and operations at Karmøy technology pilot, Brandtzæg explained […]
Mandatory Production Cuts At Alunorte Impact Norsk Hydro’s Bottom Line In Fourth Quarter
State-mandated production cuts at Alunorte and a spike in production costs took their toll on Norsk Hydro’s fourth quarter results, but bright spots could still be found among the firm’s individual business units. In 2018’s final quarter, Hydro’s underlying EBIT totaled NOK9 billion, off by NOK2 billion on the year. Though bolstered due to a […]
Alumina Production By Rio Tinto Projected To Rise To 8.4 Million Metric Tons In 2019
The new year will see a rise in production of both bauxite and alumina from the world’s largest miner. Such was the news from a production report released by Anglo-Australian mining titan Rio Tinto Group late last week. In 2019 the company expects to produce between 8.1 million and 8.4 million metric tons of the […]
State Environmental Regulator Gives Green Light For Return To Full Production At Alunorte
Norwegian aluminium smelter Norsk Hydro ASA announced yesterday that Pará Secretary of State for Environment and Sustainability (SEMAS) has determined that operations at Alumina do Norte do Brasil S.A. (Alunorte) may now safely resume. Though Hydro warns that the Brazilian federal court must still act to remove the production embargo, it says that it has […]
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium ...
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to ...
