Norsk Hydro says Alunorte refinery shifts to spot gas after CELBA supply disruption

Bitget2026/10/05 17:01

Norsk Hydro flagged disrupted natural gas supply at the Alunorte alumina refinery following reduced availability from supplier CELBA. Alunorte has not received contracted gas deliveries since August 2026, shifting purchases to spot-priced supply. Third-quarter 2026 impact estimate: 100,000-120,000 tonnes of lost alumina output, USD 75-100 million hit to Bauxite & Alumina. Fourth-quarter 2026 cost exposure pegged at USD 90-110 million from the gap between contract gas prices and spot prices. No further supply interruption expected; Alunorte is pursuing a long-term gas solution, alongside legal remedies under the existing contract. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norsk Hydro ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610051300OMX_____CNEWS_EN_GNW1001276395_en) on October 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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