Norsk Hydro: Potential impact on Qatalum aluminium production

Core Viewpoint - QatarEnergy has halted production of liquefied natural gas (LNG) and associated products, which may impact downstream production, including aluminium at the Qatalum joint venture [1] Group 1: QatarEnergy Production Halt - On March 2, QatarEnergy stopped production of LNG and associated products [1] - On March 3, QatarEnergy announced the cessation of production for several downstream products in Qatar, including urea, polymers, methanol, and aluminium [1] Group 2: Qatalum Joint Venture - Qatalum is a 50/50 joint venture between Hydro and Qatar Aluminum Manufacturing Company Q.P.S.C. (QAMCO) [2] - The plant has a nameplate capacity of 648,000 metric tonnes for primary aluminium and 687,000 metric tonnes for casthouse capacity [2] - In 2025, Qatalum reported an adjusted net income of NOK 1.3 billion on a 50 percent basis [2]