Norsk Hydro Receives Key Authorization for Alunorte Facility; FVE Unchanged
On Oct. 5, Norsk Hydro announced that it received authorization from the IBAMA Brazilian environmental agency to utilize a bauxite residue press filter at its Alunorte alumina refining facility. This news comes just days after executives announced the full curtailment of the refinery. The agreement is a critical step in allowing the Alunorte facility to resume operation at 50% of capacity. However, before production can be restarted, Hydro must receive authorization from Brazil’s Secretary of St...Alumina is engaged the business of the global bauxite, alumina and aluminium industry, which it conducts primarily through bauxite mining and alumina refining. All of those business activities are conducted through its 40% investments in Alcoa World Alumina and Chemicals ("AWAC"). Co.'s equity interests in AWAC forms a reportable segment.
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