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Hydro issues force majeure due to power outage at Alunorte

Hydro issued a force majeure statement to its alumina customers on Wednesday, as alumina deliveries to customers could be affected by power outages and low production at the Alunorte alumina refinery. Right now, it is not possible to determine or estimate whether deliveries will be affected and how.

Located in the state of Pará, the Alunorte alumina refinery, partly owned by Hydro, recently suffered power outages that resulted in production interruption.

On May 18th, Alunorte had a blackout in its electricity supply system due to an unexpected external event and, as a result, the factory suffered a partial blackout of electricity.

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Then, on June 2, while Alunorte was working to stabilize and resume production, it suffered another blackout because of an external event unrelated to the previous one.

The events caused the interruption of alumina production and Alunorte is not yet in a position to resume full-scale production.

Alunorte's production will be lower in the entire second quarter compared to the levels observed in the first quarter of the year and it is expected to maintain unsatisfactory levels throughout the rest of the year. As a general measure, Hydro has assembled a team of specialists to stabilize and increase the refinery's production.

Alunorte has a nominal capacity of 6.3 million tons and is considered the largest alumina refinery in the world.


Assistance to investors

Contact: Pål Kildemo
Mobile: +47 97096711
E-mail: & nbsp; & nbsp; Pal.Kildemo@hydro.com

Press service

Contact: Halvor Molland
Mobile: +47 92979797
E-mail: & nbsp; & nbsp; Halvor.Molland@hydro.com

Contact: Cesar Vasconcelos
Mobile +55 91 88970001
E-mail: Cesar.Vasconcelos@hydro.com

This text is machine translated. To view the original Portuguese text, click on PT on the top right of this window

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