Executive Vice President Johnny Undeli said in Metal Bulletin’s Bauxite and Alumina Conference in Miami this week the company is now fourth in the world in terms of alumina volume brought to market.
This position will grow stronger after planned expansions in Brazil.
He said: “The first step is to increase production in Alunorte, the world’s largest alumina refinery, from 5.8Mt tons in 2010 to 6.3Mt, which is the volume the plant was designed for.
"In Paragominas, one of the world’s largest bauxite mines, we see an urgent need for increasing the production from 7.5Mt in 2010 to 10Mt,” he said.
It was the first time people from the company’s business area had participated in a major industry conference since the closing of the deal with Vale.
The acquisition of the bauxite and alumina assets in Brazil has made Hydro one of the major players in the mining industry.
Longer term he said Hydro will continue developing the plans for further expansion of the mining operations in Paragominas to 15Mt/y and establish a new CAP alumina refinery in Barcarena.