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Talks with Norsk Hydro Abandoned

July 22, 2002

In the years 2000-2001 the project was the subject of detailed discussions between the Icelandic government, the Fjardabyggd Municipality and Landsvirkjun on the one hand, and on the other, Reydarál, an Icelandic limited liability company co-founded by Haefi, in Reykjavík, and the Norwegian Norsk Hydro Aluminium. Despite extensive preparatory work being carried out by the respective parties these talks have now been abandoned.

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