Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Norsk Hydro: Power outage affecting production at Paragominas and Alunorte

NHYDY

On December 18, a transmission tower overturned, ceasing power supply to Hydro’s Paragominas bauxite mine in Brazil, temporarily halting the production at the mine. Production at Hydro’s alumina refinery Alunorte will consequently be temporarily reduced to between 50-70% of capacity to prolong the lifetime of the bauxite inventories. 

The 244 km bauxite pipeline going from Paragominas to Alunorte has been emptied using back-up power. There were no personnel injuries or damages to other production assets related to the power outage.

Hydro is taking the necessary measures to resolve the situation, and regular power supply to Paragominas is expected to resume within 5-10 days. Financial impact is estimated to be limited and we do not expect any customer impact.   '

Investor contact
Contact Stian Hasle
Cellular +47 97736022
E-mail Stian.Hasle@hydro.com

Press contact
Contact Halvor Molland
Cellular +47 92979797
E-mail Halvor.Molland@hydro.com

Primary Logo

Tags: