Hydro Q4 alumina output could fall 4% after Alunorte shutdown

October 25, 2018 / www.metalbulletin.com / Article Link

The shutdown of Brazilian alumina refinery Alunorte for a few days in October could bring its production volume down by 20,000-30,000 tonnes in the fourth quarter, according to Eivind Kallevik, chief financial officer of the unit's owner, Norsk Hydro.

Hydro produced 821,000 tonnes of alumina during the third quarter of 2018. If output goes down by as much as 30,000 tonnes, that would mean a reduction of less than 4% of the three-month output volume.Alunorte is currently operating with output limited to 50% of capacity because of government restrictions.In February, the company was accused of letting bauxite waste...

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