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Alumetal SA (formerly Warsaw: AML — Norsk Hydro's 2022 tender offer completed 30 June 2023 and the shares were delisted in November 2023) was Europe's second-largest producer of secondary casting aluminium alloys by capacity, operating three plants in Poland and one in Hungary (260,000 tonnes/year sum of the four plant pages — Hydro's 2025 release states 280,000 t total, an unreconciled 20kt gap: Kęty 87.5kt, Nowa Sól 60kt, Gorzyce 52.5kt, Komárom (HU) 60kt).
No GLEIF LEI record found for 'Alumetal S.A.' or 'Alumetal SA' (searched both) — fell back to manual research. Norsk Hydro's tender offer for 100% of Alumetal's shares (announced April 2022) completed 30 June 2023; Alumetal was delisted from the Warsaw Stock Exchange in November 2023, making it a wholly owned Hydro subsidiary. As of January 2026 Hydro eliminated the Alumetal brand entirely and rebranded all four plants (Kęty, Gorzyce, Nowa Sól, Komárom) under the Hydro name as the final stage of integration — see corrected 'What they do' below. Norsk Hydro ASA's own dossier (nhy-ol) exists in this corpus, so parent_slug is set.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Light Metal Age (2025-04-29): Hydro and Nemak signed a letter of intent to jointly develop low-carbon cast-aluminium automotive products; article states Alumetal (Hydro's Polish recycling subsidiary since 2023) supplies foundry alloy products to Nemak.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.
As a buyer, policy pressure across its consumed materials is rising.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.