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Covid-19 operational update

Considering the ongoing Covid-19 situation and the resulting market uncertainty, Hydro presents a volumetric update for its business areas for April and May, ahead of the complete second-quarter financial results on July 22, 2020.

Bauxite and Alumina  

Volumes in April and May have increased compared to the same period in 2019, as a result of the increased production at the Paragominas bauxite mine and the Alunorte alumina refinery in Brazil following the lifting of the production embargo there 

Primary Metal  

Volumes in April and May have slightly increased compared to the same period in 2019, reflecting increased production at the Albras smelter in Brazil, which was partially curtailed during 2019, partly offset by decreased production at the curtailed Slovalco smelter in Slovakia. 

Metal Markets 

Volumes in April and May for the Recycling business unit in Metal Markets have decreased compared to the same period in 2019, reflecting the weaker market demand in light of Covid-19. 

Rolled Products  

Volumes in April and May have decreased compared to the same period in 2019, reflecting the weaker market demand in light of Covid-19.  

Extruded Solutions  

Volumes in April and May have decreased compared to the same period in 2019, reflecting the weaker market demand in light of Covid-19.  

Energy 

Volumes in April and May have slightly decreased compared to the same period in 2019. 

Volumetric update: 
 

Volumes reported 

Business area 

QTDQ2’19 

QTDQ2’20 

Δ ‘19-‘20 

Production 

Bauxite & Alumina (Bauxite) (kmt) 

            910  

         1 761  

+94 % 

Bauxite & Alumina (Alumina) (kmt) 

            543  

            989  

+82 % 

Primary Metal (kmt) 

            326  

            341  

+5 % 

Metal Markets (Remelters) (kmt) 

              92  

              55  

-40 % 

Energy (GWh) 

         1 434  

         1 342  

-6 % 

Sales 

Rolled Products (kmt) 

            166  

            131  

-21 % 

Extruded Solutions (kmt) 

            237  

            138  

-42 % 

  1. QTD indicates recorded volumes for April and May. 

 

line-haugetraa-portrait.jpg

Line Haugetraa

Head of Investor Relations

halvor molland

Halvor Molland

Senior vice president, Media Relations