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Norsk Hydro (OTC:NHYDY) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This transcript is brought to you by Benzinga APIs. For real-time access to
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Norsk Hydro will release its third quarter 2026 results on October 23, 2026, with a webinar hosted by President and CEO Eivind Kallevik and CFO Trond Olaf Christophersen. The company also provided an update on natural gas supply disruptions at its Alunorte alumina refinery, which was informed by supplier CELBA of availability issues in August 2026.
Norsk Hydro will release third quarter 2026 results on October 23, 2026, with a webcast presentation at 08:30 CEST. The company also provided an update on natural gas supply disruptions at its Alunorte alumina refinery following notification from supplier CELBA in August 2026.
Norsk Hydro's Alunorte alumina refinery in Brazil is experiencing natural gas supply disruptions from supplier CELBA since August 2026. The facility is now sourcing gas at spot prices instead of contracted rates, resulting in estimated losses of 100,000-120,000 tonnes of alumina production in Q3 2026 (USD 75-100 million impact) and USD 90-110 million additional costs in Q4 2026. Hydro is pursuing a long-term gas supply solution and legal remedies to protect its interests.
Hydro's alumina refinery Alunorte has faced natural gas supply disruptions since August 2026 due to issues with supplier CELBA, forcing the facility to purchase gas at spot market prices. The company estimates production losses of 100,000-120,000 tonnes of alumina in Q3 2026 with financial impact of USD 75-100 million, and additional cost exposure of USD 90-110 million in Q4 2026 due to higher gas prices. Alunorte is working on a long-term competitive gas supply solution while pursuing legal remedies to protect contractual rights.