Albras

Albras Alumínio Brasileiro S.A. is the second-largest aluminium producer in Brazil having a total annual production of around 460,000 tonnes. It is a joint venture between Norsk Hydro (51%)[1] and Nippon Amazon Aluminium Co. Ltd. (NAAC) (49%).[2] The company is supplied with the electric energy it needs (700 MW) from the Tucurui Hydroelectric Plant (4,000 MW).

Albras Alumínio Brasileiro S.A.
TypePublic company
Industryaluminium
Founded1978
HeadquartersBarcarena, Brazil
Productsaluminium products, aluminium alloys
Revenue US$ 3.4 billion (2010)
Increase US$ 297.9 Million (2010)
Number of employees
7,800 (2010)
Websitehttps://hydro.com

It is located in the city of Barcarena in Pará.

History

Established on September 1, 1978, Albras was constituted as a joint venture between Brazilian and Japanese capitals. On July 6, 1985, the Albras plant was started for the first time and it was officially inaugurated on October 24 the same year.[3]

References

  1. Solsvik, Terje; Moskwa, Wojciech (2010-05-02). "Hydro secures bauxite supply in $4.9 bln Vale deal". Reuters. Retrieved 2023-09-19.
  2. "ALBRAS - Alumínio Brasileiro S/A". www.hydro.com. Retrieved 2018-05-24.
  3. "ALBRAS - Alumínio Brasileiro S/A | Members | About ASI | Aluminium Stewardship Initiative". Retrieved 2023-08-08.


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