"Global aluminum company Hydro sells 30% stake in its Alunorte alumina refinery.
According to foreign media reports, global aluminum company Hydro has completed a major transaction with Glencore, marking a new chapter in the alumina and bauxite industry. The deal is worth $111 million and involves the sale of 30% stake in Hydro's Alunorte alumina refinery in Brazil, as well as a 5% equity interest in bauxite producer Mineracão Rio do Norte (MRN) and Vale's 40% stake in MRN."
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