Japan, March 26 -- The Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding (MOU) with Aluminio Brasileiro S.A. (ALBRAS), MUFG Bank, Ltd., Nippon Amazon Aluminium Co., Ltd. (NAAC), and Nippon Export and Investment Insurance (NEXI) to promote cooperation in the field of low-carbon aluminum. ALBRAS is an aluminum smelting company in which Norsk Hydro ASA holds a 51% stake and NAAC holds a 49% stake. Japan relies solely on imports for primary aluminum, and ALBRAS is one of the important low-carbon aluminum suppliers for?Japan. NAAC imports some of the low-carbon aluminum that ALBRAS produces using electricity from renewable energy sources in the state of Para in northern Brazil. By signing the MOU with ALBRAS, M...