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Norsk Hydro Flags More Damage From Gas Shortage at Brazil Alumina Plant
Original: Norsk Hydro Expects Further Hit From Gas Supply Challenges at Brazilian Alumina Plant https://www.wsj.com/finance/commod
Norwegian aluminium producer Norsk Hydro says its Alunorte alumina refinery in Brazil faces a further financial hit from ongoing natural gas supply problems in the country. The company had already warned of impacts from constrained gas deliveries, and now expects additional costs or production losses as the shortage persists. Investors and commodity markets are watching how the disruption affects alumina and aluminium supply.
Why now: The company issued a fresh warning about production and financial impacts from Brazil's gas supply problems.
Evidence
- Norsk Hydro Expects Further Hit From Gas Supply Challenges at Brazilian Alumina Plant https://www.wsj.com/finance/commodities-futures/norsk-hydro-expects-further-hit-from-gas-supply-challenges-at-brazilian-alumina-plant-6e57d9e9?mod=rss_markets_main # Markets # Commodities #… · wsj_markets@robot.villas · 3
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