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According to the Financial Times, Norsk Hydro's (NHYDY) (NHYKF) giant Alunorte refinery in Brazil has been given approval to restart production by the Brazilian authorities.
The announcement caught the market by surprise, coming some months earlier than had been expected.
The restart is a boost for Hydro, whose Brazilian operations, which form bauxite for primary aluminum, have had a slow go of things for the last year. The firm has been forced to run its 6.3 million ton refinery at half its normal capacity following a 2018 dam tailings