Norsk Hydro Faces Up to $210M Hit From Brazil Gas Supply Disruption
Norsk Hydro reported that a disruption to natural gas deliveries at its Alunorte refinery in Brazil could result in a financial hit of up to $210 million due to ongoing purchases at spot-market prices.
Norsk Hydro OSL:NHY said on Monday it could face a financial hit of up to $210 million as it continues to buy gas at spot-market prices after disruptions to natural gas deliveries at its Alunorte refinery in Brazil.