OB:NHYMetals and Mining
Qatar Gas Disruption Tests Norsk Hydro Earnings And Aluminum Supply Risk
Gas supply disruptions in Qatar have led the Qatalum aluminum plant, a major joint venture of Norsk Hydro (OB:NHY), to cut production to 60% capacity.
Qatalum avoided a full shutdown after QatarEnergy resumed limited gas supply under an updated agreement.
The event directly affects Norsk Hydro’s joint venture income and contributes to tighter global aluminum supply conditions.
Norsk Hydro is a fully integrated aluminum company, with Qatalum playing an important role in its global smelting...