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| | Norsk Hydro Strengthens Upstream Focus, Announces Strategy Shift in Aluminium : ArriveNet Press Releases : Business (Site not responding. Last check: 2007-10-29) |
 | | Hydro's financial position is solid with the debt-equity ratio, including off balance-sheet pension and leasing obligations, remaining strong throughout 2005, also following the NOK 17 billion acquisition of Spinnaker Exploration in the fourth quarter. |
 | | Hydro's alumina equity coverage will rise to about 70 percent by 2010, when the Alunorte 3 expansion will be complete, and, as a consequence, the cost-per-tonne alumina is expected to decline. |
 | | Hydro's power costs in Aluminium are comparable to the world average for the aluminium industry, but power prices in Germany are not competitive. |
| press.arrivenet.com /business/article.php/731958.html (2104 words) |
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