Hydro and Talum with new metal supply agreementNorsk Hydro a S A • October 9th, 2003 • Crude petroleum & natural gas
Company FiledOctober 9th, 2003 IndustryOSLO, Norway, Oct. 9, 2003 (PRIMEZONE) -- Hydro Aluminium has entered into a long-term purchase agreement with the Slovenian aluminium producer Talum for foundry alloy casthouse products. Talum will supply Hydro with an average of 70,000 tonnes of foundry alloy products per year over the next seven years. This new supply contract comes in addition to the ongoing agreement under which Hydro annually purchases approximately 50,000 tonnes of extrusion ingot from Talum.