Norsk Hydro on Record 2Q Earnings, Aluminium Outlook

The video discusses the dynamics of the aluminium market, highlighting the balance between supply and demand, and the impact of environmental restrictions in China. It explores the influence of inflation on aluminium prices, noting that current prices are below the cost curve. The video also addresses the chip shortage affecting the automotive industry and its implications for aluminium suppliers. Additionally, it covers the availability of green aluminium and the effects of carbon border taxes. Finally, it outlines plans for raising equity to support growth in the hydrogen business.

What factors are contributing to a balanced aluminium market in 2021?

• Decreased demand for aluminium

• High inflation rates

• Environmental restrictions in China

• Increased production capacity

How does the current aluminium price compare to the cost curve?

• It is trading well below the cost curve

• It is unaffected by the cost curve

• It is trading at the cost curve

• It is trading above the cost curve

What is the primary factor affecting aluminium pricing currently?

• Inflationary pressures

• Demand and supply dynamics

• Government subsidies

• Technological advancements

How is the chip shortage affecting the aluminium industry?

• It has led to a decrease in aluminium prices

• It is a major issue for all companies

• It is a minor issue for some companies

• It has no impact

What is the company's approach to financing its hydrogen business?

• Raising equity

• Partnering with other companies

• Using existing funds

• Seeking government grants