Norsk Hydro’s Alunorte Refinery And Paragominas Mine Achieve ASI Certification
The Aluminium Stewardship Initiative (ASI) announced certification for two more plants under the Norsk Hydro umbrella yesterday, namely the Paragominas...
Paragominas
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,...
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,...
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...
Events
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 […]
Mandatory Cuts at Alunorte Mar Norsk Hydro’s Positive Numbers in Q1
Though Norsk Hydro A.S.A. returned higher overall numbers for the first quarter, the mandated capacity cut at Alumina do Norte do Brasil S.A. (Alunorte) meant the firm will likely miss its cost-cutting target for the year. Hydro reported a first-quarter revenue total of NOK39.970 billion, a 74-percent improvement year-on-year. Earnings before financial items and tax […]
Norsk Hydro’s Q3 Numbers Slightly Down
Norsk Hydro released results for the third quarter of 2016 yesterday. Numbers were off largely thanks to a seasonal decline in sales and negative currency effects. The firm’s underlying EBIT was lower quarter-on-quarter, totaling NOK1.477 million, down from NOK1.618 million in Q2. Underlying EBIT was down for Bauxite & Alumina, Primary Metals, Rolled Products, Energy, […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
