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Hydro has strong performance in 2020

Wednesday, Mar 17, 2021

     Norsk Hydro, a Norwegian aluminum and renewable energy company, had a strong performance in 2020.

    According to statistics, Hydro mined around 8.6 million tons of bauxite in 2020, increasing by 17.4% compared to the previous year. The output of alumina reached around 5.46 million tons, up by 21.6% from 2019; that of primary aluminum was up by 53,000 tons, basically keeping flat from the level in 2019.
    In 2020, Hydro’s net revenue turned from loss to profit, reach US$197 million.

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