Norsk Hydro CEO on Alunorte Refinery, 2019 Targets, Aluminum

The video discusses the impact of the Ala Norte refinery in Brazil on the global aluminium market, highlighting the ongoing dialogue with Brazilian authorities and the readiness to resume full production. It covers the 2019 market targets, the tight global aluminium market due to supply disruptions and trade wars, and the demand trends in China. The video also explores the effects of US tariffs on aluminium, the robust demand in the automotive and construction sectors, and the overall industry outlook, including pricing trends and market balance.

What percentage of global alumina capacity outside China does the Ala Norte refinery represent?

• 15%

• 10%

• 5%

• 2%

What is the company's stance on meeting its 2019 targets despite the Ala Norte situation?

• They have revised their targets downward.

• They are confident of exceeding targets.

• They are unsure about meeting targets.

• They have abandoned their targets.

Which factor contributes to the tightness of the global aluminium market?

• Sanctions against RUSAL

• Decreased demand in Europe

• Surplus of raw materials

• Increased production in China

How has the US import duty affected aluminium prices?

• Prices have increased.

• Prices have decreased.

• Prices have remained stable.

• Prices have fluctuated wildly.

What is the expected growth rate for aluminium demand in 2019?

• 4-5%

• 3-4%

• 2-3%

• 1-2%

What is a key strategy for automotive customers in the aluminium market?

• Lightweighting

• Reducing production costs

• Expanding production capacity

• Increasing weight

What is the outlook for global aluminium prices according to the discussion?

• Prices will remain below $2000.

• Prices will exceed $2000.

• Prices will fluctuate around $1500.

• Prices will drop significantly.