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...
Norwegian aluminium giant Norsk Hydro ASA announced on Thursday a power outage in Brazil affecting the firm’s bauxite mine and alumina refinery in the state of Pará. According to Hydro’s press release, a transmission tower toppled on Wednesday, cutting power to Mineração...
Norwegian aluminium giant Norsk Hydro ASA said yesterday it will soon implement a plan to increase returns and cash flow...
Norwegian aluminium producer Norsk Hydro ASA released financial results for the second quarter on Monday. The firm’s bottom line suffered...
The Aluminium Stewardship Initiative (ASI) announced certification for two more plants under the Norsk Hydro umbrella yesterday, namely the Paragominas...
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 […]
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 […]
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 […]
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 […]
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 […]
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