Norsk Hydro:Hydro issues force majeure notice due to power outages at Alunorte

Norsk Hydro:Hydro issues force majeure notice due to power outages at Alunorte

ID: 268848

(Thomson Reuters ONE) -


Hydro issued a notice of force majeure to its alumina customers on Wednesday as
power outages and lowered production at Alunorte alumina refinery may affect
alumina deliveries to customers. It is currently not possible to determine or
estimate whether and how deliveries to customers will be affected.

Norsk Hydro ASA's partly-owned Alunorte alumina refinery in Brazil has recently
experienced power outages resulting in disruption to production. On 18 May
2013, Alunorte experienced a black-out in its electrical power supply system due
to unexpected external events and as a consequence Alunorte suffered a partial
electrical power outage. On 2 June 2013, while in the process of stabilizing and
resuming production, Alunorte experienced another, shorter black-out caused by
an unrelated, external event. The events have caused disruption to Alunorte's
production of alumina. Alunorte has not been able to resume full production.

Alunorte production will be lower in the second quarter than levels observed in
the first quarter, and expected to remain unsatisfactory also for the rest of
the year. As a general measure, Hydro has established a team of experts aiming
to stabilize and increase production at the refinery.

Alunorte has a nameplate capacity of 6.3 million tonnes and is the world's
largest alumina refinery.

Investor contact
Contact Pål Kildemo
Cellular +47 97096711
E-mail Pål.Kildemo(at)hydro.com

Press contact
Contact Halvor Molland
Cellular +47 92979797
E-mail Halvor.Molland(at)hydro.com




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originality of the information contained therein.

Source: Norsk Hydro via Thomson Reuters ONE
[HUG#1708767]




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Datum: 12.06.2013 - 08:00 Uhr
Sprache: Deutsch
News-ID 268848
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