LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
OSLO, Norway, Jan. 30, 2016 -- Hydro's aluminium plant in Årdal, Norway suffered a close to four hour power outage, starting 17:15 CET on January 29. The incident caused no personnel injuries
Under adverse weather conditions in the region Friday evening, the power supply for the aluminium plant was out for almost four hours due to a technical fault and Hydro is still investigating the cause of this.
Production of aluminium has now resumed, and efforts are ongoing to stabilize the production, which is still unstable.
Hydro is currently evaluating the potential consequences of the power outage. It is currently too early to estimate when full production will resume and what the resulting financial effects will be.
Hydro Årdal has an annual production of around 190 000 tonnes primary aluminium, employs around 500 people, and casts sheet ingots and primary foundry alloys.
Investor contact
Contact Pål Kildemo
Cellular +47 97096711
E-mail På[email protected]
Press contact
Contact Halvor Molland
Cellular +47 92979797
E-mail [email protected]
HUG#1982422
