Commodities

Norsk Hydro to curtail 20% of output from Slovak aluminium plant

Credit: REUTERS/TERJE SOLSVIK

Aluminium producer Norsk Hydro said on Monday it plans to curtail 20% of production at its majority-owned Slovalco primary aluminium plant in Slovakia, citing a weakening market.

OSLO, Dec 2 (Reuters) - Aluminium producer Norsk Hydro NHY.OL said on Monday it plans to curtail 20% of production at its majority-owned Slovalco primary aluminium plant in Slovakia, citing a weakening market.

The plant has an annual production capacity of 175,000 tonnes of primary aluminium, the firm said in a statement

Norsk Hydro owns 55.3% of the plant, while Penta Investmenst holds 44.7%.

(Reporting by Victoria Klesty, editing by Terje Solsvik)

((terje.solsvik@thomsonreuters.com; +47 918 666 70))

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