Glencore buying in to Hydro Alunorte alumina refinery, MRN bauxite mining in Brazil
Green Car Congress
APRIL 28, 2023
The bauxite agreement between Vale and Hydro will be terminated and, following the transactions, Glencore will continue to supply approximately 30% of Alunorte’s long-term bauxite requirements from MRN. The transaction will have no impact on the physical supply contracts or cost to Hydro Aluminium Metal. million metric tons of bauxite.
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