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Slovalco to partially curtail production

The Board of Directors at Hydro’s majority-owned Slovalco primary aluminium plant in Slovakia has decided to recommend to the shareholders of the company to curtail maximum 20% of the plant’s primary aluminium production, responding to the weakening market environment. The decision is pending final approval by Slovalco’s General meeting.

slovalco aluminium plant in slovakia

Slovalco is a fully consolidated aluminium smelter in Hydro, owned 55.3% by Hydro Aluminium AS and 44.7% by Penta InvestmentsSlovalco has an annual production capacity of 175,000 tonnes of primary aluminium and a casthouse capacity of close to 200,000 tonnesThe curtailment of Slovalco’s production is expected to commence in January.  

Stian Hasle

Stian Hasle

Head of Investor Relations

Halvor Molland

Halvor Molland

Senior vice president, Media Relations