Hydro operates across the entire aluminium value chain from bauxite mining to aluminium product manufacturing. It has mining and refining assets in Norway, Canada, Brazil, and the United States. Hydro also has smelting capacity of 2.4 million metric tons per year and produces rolled, extruded, and cast aluminium products. It aims to further improve its cost position through operational improvements and technology investments. Hydro has a strong position in European flat rolled and extruded aluminium markets and is expanding in the US, Asia, and emerging markets.