LYCOS RETRIEVER 
Norsk Hydro Asa: Hydro Aluminium
built 653 days ago
Under a 20-year contract signed in 2003 with Norsk Hydro, Rio Tinto Alcan is committed to supplying Hydro Aluminium with 500,000 tonnes of alumina per year from 2006 until 2030. This contract ... gave Norsk Hydro an option to increase its purchases of alumina.
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Norsk Hydro is to take part in the second expansion of the Brazilian alumina refinery Alunorte. The board of directors of Alunorte has today approved a project to increase capacity by 1.8 million tonnes to 4.2 million tonnes. The expansion will further improve Hydro Aluminium’s alumina cost position.
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E.ON AG of Düsseldorf is in negotiations with Norsk Hydro ASA, headquartered in Oslo, Norway, on the sale of Bonn-based VAW aluminium AG, its aluminium subsidiary. The negotiations are expected to take several months. E.ON will not release further information until the negotiations are completed.
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