Norsk Hydro

Mandatory Production Cuts At Alunorte Impact Norsk Hydro’s Bottom Line In Fourth Quarter

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...

Events

Norsk Hydro Plant In Netherlands Becomes First-Ever Extrusion Plant Certified By ASI

Norwegian aluminium smelter Norsk Hydro ASA announced yesterday that Hydro Hoogezand, its aluminium extrustion plant in Netherlands, has become the world’s first extrusion plant to obtain Performance Standard certification from global standards and certification organization The Aluminium Stewardship Initiative (ASI). Per Norsk Hydro, Hydro Hoogezand is the first of 15 plants the firm intends to […]

Despite Struggles At Alunorte, Norsk Hydro’s Third-Quarter Results Beat Forecasts

Norwegian aluminium smelter Norsk Hydro ASA released third-quarter results yesterday. The firm’s quarterly numbers surpass forecasts largely due to rising metal prices and despite continuing curtailments at the Alunorte alumina refinery. Hydro’s overall revenue for the quarter totaled NOK39,766 million, up by 74 percent on the year. Earnings before financial items and tax (EBIT) came […]

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 […]