Sales Of Low-Carbon Aluminium Expected To Double In 2020: Norsk Hydro
Norwegian aluminium smelter Norsk Hydro ASA forecasts a doubling in the sales of its low-carbon aluminium over the course of...
Norsk Hydro
Hydro’s Fourth Quarter Results Sag Thanks To Sluggish Demand And Anemic Metals Markets
Norwegian aluminium smelter Norsk Hydro ASA released results for the final quarter of 2019 on Friday. Falling demand and weak metals prices took its toll in the period, resulting in a tepid bottom line. In the prior quarter, Hydro posted an underlying...
Production Resumes At World’s Biggest Alumina Refinery In Brazil: Norsk Hydro
Norwegian aluminium giant Norsk Hydro ASA said on Saturday that power has been restored to Mineração Paragominas S.A. (Paragominas bauxite...
Power Outage Leads To Production Stoppage At Paragominas, Reduction At Alunorte
Norwegian aluminium giant Norsk Hydro ASA announced on Thursday a power outage in Brazil affecting the firm’s bauxite mine and...
Events
Norsk Hydro Enters Into US$1.6 Billion Sustainability-Linked Revolving Credit Facility
Norwegian aluminium giant Norsk Hydro ASA announced yesterday the signing of a new, US$1.6 billion revolving multi-currency credit facility with margins linked to the firm’s greenhouse gas emissions target. Per the firm, the new credit facility will be used for general corporate purposes. It features a tenor of five years, with two one-year options to […]
Higher Upstream Production, Lower Raw Material Costs Buoy Difficult Quarter For Norsk Hydro
Norwegian aluminium giant Norsk Hydro ASA released results for the third quarter of 2019 yesterday. Financials were down overall due to a drop in aluminum and alumina prices, but higher upstream production and lower raw material costs helped to temper those downward pulls on profitability in the quarter. In the just-ended quarter Hydro reported a […]
Brazilian Court Lifts Second Of Two Embargoes At Alunorte
Brazil’s federal court lifted the final embargo on the waste disposal unit at Alumina do Norte do Brasil S.A. (Alunorte) on Thursday, drawing to a close the 19-month production curtailment at the site and paving the way for the world’s most prolific alumina refinery to resume full production. Thursday’s action to remove the criminal suit’s […]
Norsk Hydro Announces Company-Wide Restructuring
Norwegian aluminium giant Norsk Hydro ASA said yesterday it will soon implement a plan to increase returns and cash flow via a wide-ranging effort at improving and restructuring its business areas, all while emphasizing sustainability in its business practices. The plan, which will be unveiled at Hydro’s Investor Day 2019, will outline Hydro’s new strategic […]
Pará Court Lifts One Of Two Embargoes Against Alunorte’s Bauxite Residue Disposal Site
One of two embargoes forbidding the usage of a waste product storage pond at Norwegian aluminium producer Norsk Hydro ASA’s alumina refinery in Brazil was rescinded by the Federal Court of Pará on Friday, and the firm expects the remaining embargo to soon follow. The just-ended embargo on Alumina do Norte do Brasil S.A.’s new […]
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
