Hydro and Vale join forces in new alumina project in Brazil
September 25th, 2008Hydro and the metals and mining company Vale have agreed to construct a new alumina refinery in northern Brazil, strengthening Hydro’s future alumina supply in line with its growth strategy.
Under the agreement, which is a conclusion of a memorandum of understanding (MoU) signed by the parties in July 2007, Hydro will hold a 20-percent share [...]