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Stock impact report

Norsk Hydro: Qatalum maintaining scaled down aluminium production

NORSK HYDRO A S ADS (NHYDY) 
NASDAQ:AMEX Investor Relations: hydro.com/en/investor-relations
Company Research Source: GlobeNewswire
On March 3, 2026, Hydro announced a controlled shutdown of aluminium production at its joint venture Qatalum in Qatar. Following confirmation from Qatalum’s gas supplier that it will maintain supply at reduced levels, Qatalum has decided to halt further curtailment and maintain aluminium production at around 60 percent capacity. The controlled shutdown of aluminium production at Qatalum was initiated after gas supplier QatarEnergy informed the company of a forthcoming suspension of gas supply. QatarEnergy has now confirmed that gas supply will continue until further notice at a level enabling Qatalum to maintain aluminium production at around 60 percent capacity. The curtailment has been carried out in a safe and controlled manner. Together with continuing operation at around 60 percent, this improves conditions for a future restart. It is not known when the restart will commence. On March 2, 2026, Iran’s Revolutionary Guard Corps announced that the Strait of Hormuz was closed and Show less Read more
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