NHY - DEAD CAT, kan sprette når som helst nå..!


02/15/2019 | 11:11am EST

Norsk Hydro ASA -This weekend it will be one year since heavy rainfalls flooded the region of Barcarena in northern Brazil, including the Hydro-owned Alunorte alumina refinery.

We wanted to take this opportunity to explain what has happened since those events including what we as a company has done as well as an update on the actions of the Brazilian authorities.

Since the rainfall event in February 2018, Hydro has implemented operational changes including specific improvements at Alunorte and changed the way we collaborate with local communities and behave as a neighbor. We have come a long way since February 2018 and we know that more needs to be done.

Following the heavy rainfalls, communities around the alumina refinery were concerned that the flooding could be contaminated by overflows or leaks from Alunorte's bauxite residue deposits. As Brazilian environmental agencies and other authorities conducted investigations of potential environmental damage from our bauxite residue deposits, Alunorte was required to reduce production by 50 percent which we immediately implemented.

Investigative conclusions: No leaks or overflows

Multiple investigations have concluded that there were no leaks or overflow from Alunorte's bauxite residue deposits. These include investigations by Ibama - Brazilian Institute of the Environment and Renewable Natural Resources (a federal environmental agency under the Brazilian Ministry of Environment) and Semas - the Secretary of State for Environment and Sustainability (the environmental agency in the state of Para).

During and following the heavy rainfall, Alunorte discharged partly treated rainwater from the refinery area into the Para river, as exceptional measures in an emergency. Alunorte tasked the environmental consultancy SGW Services to review the potential environmental impact of the discharges, and they concluded that there was no indication or evidence of contamination to the nearby local communities.

Increased robustness and better dialogue

Through dialogue with local communities it became apparent that we have not lived up to their expectations - and our own ambitions. What we heard from local communities is that we were not close enough, and the information we provided wasn't good enough. This is not who we aspire to be, and we are working hard to build and earn their trust.

In addition, we must make sure Alunorte can withstand any rainfall - no matter how extreme. Our neighbors should have the confidence in our operations that Alunorte does not pose any danger to them.

Since the flooding we have increased the robustness of Alunorte and committed to investing BRL 100 million (NOK 250 million) over ten years to support collaboration for social change through the Sustainable Barcarena Initiative which was announced in April 2018. We hope this initiative will build trust and improve our collaboration with local communities.

The Alunorte organization is dedicated to continue this collaboration, and have worked hard to strengthen the operational capabilities at Alunorte. We have built new basins for water storage at the plant. These increase the storage capacity by 350 percent, while capacity at our water treatment facility will be increased by 50 percent. These measures are getting us closer to resuming full operations at Alunorte.

Safe to resume operations

In January 2019, the environmental agency in the state of Para, Semas, issued a technical note attesting that Hydro Alunorte can safely resume normal operations and lifted the production embargo. A study carried out by professors from the Federal University of Campina Grande also concluded that Alunorte, from the point of view of water management, can safely produce at 100 percent of its capacity. The embargo of the Federal Court remains in force and must be lifted before we can restore full production.

We have created an overview of the Brazil situation, key events and our efforts. On these pages we try to give details and answers to questions you may have about the situation in Brazil and what we are doing.

Contact:

Halvor Molland

Tel: +47 92979797

https://www.marketscreener.com/NORSK-HYDRO-1413211/news/Norsk-Hydro-ASA-One-year-after-the-flooding-in-Barcarena-Brazil-what-has-happened-and-what-re-28017763/
hango
20.02.2019 kl 13:05 2194

Måtte kjøpe meg noe inn igjen, etter å ha sett noe mer på det tekniske. Mye tyder på at det er noe på gang, og kursen er ved et punkt der brudd opp kan forekomme.
Teknisk sett indikerer kursbildet om et oppgang til 39kr

Ser BULL ut nå. skal over kr 35 snart.
nucleus
20.02.2019 kl 17:59 1950

Ja se der.., du snuer fort hango..!
Med gode grunner..
halvpris
20.02.2019 kl 19:48 1845

Alcoa opp 4% nå
Alu pris opp 19 dollar 1%
Redigert 20.02.2019 kl 19:53 Du må logge inn for å svare

Lagertallene trender nedover.

Hvor høy skal NHY sprette i dag, til kr 36 ?

Man kan ikke være veldig smart, hvis man selger NHY nå.
hango
21.02.2019 kl 09:39 1454

Jeg småreduserer på vei opp til 36, og håper på å kunne ta en utgang på nær 36.
halvpris
21.02.2019 kl 09:46 1428

900 aksjeposten på KJØP/SALG manipulerer Nhy kursen. Drevet på slik i måneder.

Dere la dere lures av shorterne. De prøver å holde kurs nede, slik at det kommer inn flere selgere. Kursen vil slutte mye høyere enn kursen på handles akkurat nå.

Aluminiumspris er over 1900 usd, og vil stige videre.
hango
22.02.2019 kl 09:53 1188

Har noen fått seg det dramatiske fallet i q4?
Fortsetter det slik, og ingen avklaring innen rimelig tid, kan man se snev av en emisjon i enden av tunnelen.

Hango solgte seg ut under kr 35 og venter på at kursen skal ned under kr 35. Kanskje du vil miste toget, Hango. Du kan være de andre å drive kursen ned igjen :)

35,2 er brutt, så vil det gå rett opp.

Jeg har tro på at aluminiumspris skal videre opp, så jeg skal beholde NHY aksjer til melding om full produksjon kommer. Jeg er klar til å kjøpe flere når jeg har anledning til det :)

Lagertallene trender nedover.
Frodon
22.02.2019 kl 19:51 807

Hango, emisjon i Norsk Hydro? Vet du ikke engang hvor mye cash selskapet har på bok? 😉 Jeg tror forøvrig ikke at du klarer å påvirke en aksje som Norsk hydro med haussing eller baissing på HO 😂😂

Nhy er stinn av cash.
De kunne uten problemer opprettholdt utbyttet.
Antakelig puttet de inn all møkk de kunne finne i Q 4 tallene.
På 35 er Nhy et godt bet.
Rockall
23.02.2019 kl 22:46 615

Kan være fin for kortsiktig tur opp nå, men problemene er ikke passert for NHY, og lite skal til for at grafen finner veien under 30, f.eks. i tida etter at det lave utbyttet er sikra.

Det samme satser jeg også på....NHYhar henta for dårlig rennfart på 34...må nok lavere ned for å komme høyere opp

Det blir flere aksjer til meg når det går nedover. Jeg takker for det :)

Hvis den nye prøven ikke inneholder utslipp fra Alunorte, da tror jeg embargo vil oppheves.