U.S. Sanctions and Brazilian Flooding May Pose Dire Situation for Aluminium Market: Hydro’s Brandtzæg
Thanks to the United States government’s sanctions upon the world’s second-biggest aluminium producer and mandated production cuts at his own...
Svein Richard Brandtzæg
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...
Pair of Independent Investigations Find No Pollution by Alunorte
Norsk Hydro A.S.A. reported the findings of two reviews of the ongoing situation at Alumina do Norte do Brasil S.A.’s...
Norsk Hydro Expands Independent Review of Alunorte Alumina Refinery
Prompted at least in part by an infraction notice from the state government, Norsk Hydro A.S.A. announced yesterday that it...
Events
Norsk Hydro Announces Upgrades at Alunorte Refinery
In an effort at shoring up its wastewater system at Alumina do Norte do Brasil S.A. (Alunorte) refinery in northern Brazil, Norsk Hydro A.S.A. said Friday that it is planning a NOK500-million (US$64.8 million) investment at the site for the purpose. According to the firm, the planned upgrade will include boosting capacity by 50 percent […]
Alunorte Task Force Delivers Preliminary Findings to Norsk Hydro
Norsk Hydro A.S.A. reported the results of the expert panel tasked with reviewing the issues that led to the state government mandating the closure of half the refining capacity of the Alumina do Norte do Brasil S.A. (Alunorte) refinery in northern Brazil. The select panel returned three key findings: first, an overflow occurred from a […]
Norsk Hydro Makes Emergency Moves at Alunorte to Resolve Water Treatment Situation
In an effort at bringing operations at Alumina do Norte do Brasil S.A. (Alunorte) back to 100 percent as soon as possible, Norsk Hydro ASA announced yesterday that CFO Eivind Kallevik is replacing Silvio Porto as as interim head of Bauxite & Alumina effective immediately. In addition to a temporary leadership change, Hydro will also […]
State Authorities Order Production Halved at Hydro Alunorte
The government of the northern Brazilian state of Pará has ordered Norsk Hydro to halve production at Alumina do Norte do Brasil S.A. (Alunorte) due to the company’s failure to reduce the water level at a bauxite residue deposit at the site. The Secretariat of Environment and Sustainability in the Brazilian state of Pará (SEMAS) […]
Norsk Hydro Tenders Binding Offer for Purchase of ISAL Smelter to Rio Tinto for US$345 MM
Norwegian aluminium firm Norsk Hydro A.S.A. announced yesterday the tender of a binding offer for Rio Tinto Iceland Ltd. (ISAL), a majority share of Dutch anode facility Aluminium & Chemie Rotterdam B.V. (Aluchemie) and a half interest in Swedish aluminium fluoride plant Alufluor AB (Alufluor) to Anglo-Australian mining giant Rio Tinto Group for US$345 million. […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
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 ...
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 ...
