Indian NALCO to benefit from Norsk Hydro's pipeline maintenance at Paragominas bauxite mine
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Update time : 2020-08-22 17:47:54
According to Norsk Hydro’s official announcement at its website on August 18, the firm will conduct two-month maintenance at its pipeline transportation of Paragominas bauxite mine in Brazil, which will reduce Alunorte alumina refinery’s production by 30-45%.
Market participants expected that Indian National Aluminium Company Limited (NALCO) will benefit from Paragominas bauxite mine’s suspension.
It was understood that Alunorte alumina refinery’s production occupied approximately 13% of the global demand.
