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Norsk Hydro: Qatalum initiates controlled shutdown of aluminium production

NHYDY
  • Qatalum, a 50/50 joint venture between Hydro & Qatar Aluminum Manufacturing Company, initiated a controlled shutdown of its aluminium production on March 3 due to a natural gas shortage in Qatar.
  • The gas supplier informed Qatalum of a forthcoming suspension of supply, prompting the decision to minimize health, environmental, & safety risks while preparing for a potential future restart.
  • The shutdown is expected to conclude by the end of March, though a full restart could take six to twelve months if the plant is fully closed.
  • Hydro has issued a Force Majeure notice to Qatalum customers & is evaluating alternative channels to fulfill contractual commitments.
  • The Qatalum plant has a nameplate capacity of 636,000 metric tonnes for primary aluminium & 664,000 metric tonnes for casthouse capacity.