- Norway-based Norsk Hydro recorded alumina production at 6.2 mnt in CY22, down by 2% from 6.3 mnt in CY21. Primary aluminium production fell 5% y-o-y to 2.1 mnt and hydropower production was at 7.7 mnt.
- Production volume declined due to energy crisis, inflation and global economic slowdown along with a significant fall in aluminium demand.
- The company’s adjusted EBITDA was NOK 39.7 in CY22 against NOK 28 in CY21.
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