Aluminium producer Norsk Hydro said its 2018 underlying earnings before interest and tax fell by 2.15-billion crowns, due to higher raw material costs and reduced operations at Brazil’s Alunorte plant, it said on Friday.
The world’s largest alumina refinery has been running at half its capacity after Hydro admitted it had to make unlicensed emissions of untreated water in February last year because of severe rainfall.