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Norsk Hydro: Alunorte reduces alumina production on natural gas supply disruptions

  • Alunorte received notification from supplier CELBA regarding disruptions to natural gas availability.
  • The refinery implemented contingency measures including purchasing spot gas volumes & requesting direct access to the Barcarena LNG terminal.
  • Alumina production was temporarily reduced to 50 percent to align with available gas supplies.
  • Full production will resume once gas availability normalizes.
  • CELBA is seeking to source gas on market terms compatible with Alunorte's financial situation.
  • Alunorte is securing long-term alternative gas supplies while preserving rights under the Gas Supply Agreement.
  • Potential Q3 2026 financial impact from reduced production & higher gas costs is estimated at USD 75 to 100 million.