Hydro will continue working with the relevant authorities in Brazil in order to lift the embargo and to resume operations at Alunorte alumina refinery.

Hydro is South America’s biggest aluminum company after acquiring Brazilian mining company Vale’s aluminum assets in the state of Pará in 2011. Alunorte is the world’s largest alumina refinery, employs around 2,000 people and has a nameplate capacity of an annual 6.3 million tonnes. Hydro owns 92.1 percent of Alunorte.