【SMM Aluminum Flash News】Qatar's Qamco Ends Marketing Partnership with Norway's Hydro in Qatalum JV

Published: Jun 15, 2026 17:43
Qatar Aluminium Manufacturing Company (Qamco) confirmed on Sunday that it has terminated its marketing agency relationship with its partner, Norway's Hydro, in their joint venture, Qatalum. The company did not specify the reason. "Following the termination of the partnership, Qatar Aluminium will temporarily assume responsibility for the marketing and sales of its aluminum products," Qatalum said in a statement. It added that the company will continue constructive communication with Hydro to ensure an orderly transition. It is reported on Friday that Qatar Aluminium cancelled its metal supply agreement with Hydro; Hydro issued a force majeure notice to its customers. Qatalum, established in 2006, has an annual production capacity of 648,000 tons and is a 50/50 joint venture between Hydro and Qatar Energy; Qatar Energy holds a 51% stake in Qamco.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
US Imposes 50% Tariff on Canadian Auto Imports Amid Trade Dispute
52 mins ago
US Imposes 50% Tariff on Canadian Auto Imports Amid Trade Dispute
Read More
US Imposes 50% Tariff on Canadian Auto Imports Amid Trade Dispute
US Imposes 50% Tariff on Canadian Auto Imports Amid Trade Dispute
In response to "discriminatory measures implemented by Canada in the automotive and automotive parts trade against the US," the US has decided to impose an additional 50% ad valorem tariff on certain products from Canada. This new tariff will take effect at 12:01 a.m. Eastern Time on August 19 and will be imposed in addition to existing applicable tariffs, taxes, fees, and other charges.
52 mins ago
Indonesia's Bauxite Investment Surges 193%, Overtakes Nickel as Top Mineral Sector
1 hour ago
Indonesia's Bauxite Investment Surges 193%, Overtakes Nickel as Top Mineral Sector
Read More
Indonesia's Bauxite Investment Surges 193%, Overtakes Nickel as Top Mineral Sector
Indonesia's Bauxite Investment Surges 193%, Overtakes Nickel as Top Mineral Sector
[SMM Aluminum Express News] Indonesia's bauxite downstream investment surged 193% quarter on quarter to Rp40.1 trillion in the second quarter of 2026, overtaking nickel as the country's largest mineral downstream investment segment for the first time, according to Investment Minister Rosan Roeslani. The increase was driven by the construction of new bauxite processing projects by both domestic and foreign investors. Total downstream investment reached Rp152.7 trillion during the quarter, up 5.7% year on year and accounting for 29.8% of Indonesia's total investment realization. Rosan said the shift reflects accelerating investment in the bauxite-to-alumina value chain as new processing facilities continue to be developed.
1 hour ago
Indian Aluminum Association Urges Policy Reforms Amid Rising Imports and Tariff Uncertainties
1 hour ago
Indian Aluminum Association Urges Policy Reforms Amid Rising Imports and Tariff Uncertainties
Read More
Indian Aluminum Association Urges Policy Reforms Amid Rising Imports and Tariff Uncertainties
Indian Aluminum Association Urges Policy Reforms Amid Rising Imports and Tariff Uncertainties
[SMM Aluminum Express News] The Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to introduce urgent policy reforms to strengthen the domestic aluminum extrusion industry amid rising import pressure and global tariff uncertainties. The association called for rationalizing tariffs on raw materials, reviewing FTA-driven duty-free imports of value-added aluminum products, lowering energy and financing costs, and increasing domestic aluminum billet availability to improve industry competitiveness. ALEMAI said India's aluminum extrusion industry has an installed capacity of around 3 million tonnes per year but is operating at only about 1.2 million tonnes, while imports exceed 1.5 million tonnes annually. The association expects demand to grow with infrastructure, automotive and renewable energy development, but warned that policy support is needed to improve capacity utilization and protect domestic manufacturers.
1 hour ago