Hydro has declared force majeure at its Alunorte alumina refinery in Brazil's northern state of Par?? following an order by the country's authorities to cut output by 50%.
The Norwegian company said it had issued the notice due to the production cut as well as a lack of clarity into what measures it would take to return Alunorte to normal. "Contingency plans are being implemented, and Alunorte is doing its utmost to reduce the potential negative...