Brazil's antitrust authority CADE has approved the joint acquisition of Companhia Brasileira de Aluminio (CBA) by Rio Tinto and Aluminum Corporation of China, also known as Chinalco, clearing the final regulatory hurdle on March 11, 2026. For the global aluminium value-chain 2026 outlook, book our...
*** Rio Tinto and Aluminum Corporation of China Limited (Chalco) have agreed to jointly acquire a controlling stake in Companhia Brasileira de Alumínio (CBA), marking a major strategic move to expand their presence in low-carbon aluminium production. Under a definitive agreement with Votorantim,...
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Dong Jianxiong, the Vice General Manager of Chinalco Group and Chairman of Chinalco Shares, and Luciano Alves, CEO of Companhia Brasileira de Aluminio (CBA), visited Baotou Aluminum on May 8. During the visit, Alves and his delegation toured several key production sites, including the intelligent...
The Companhia Brasileira de Alumínio (CBA) begins the operation of a filtration system by the end of April, consisting of 3 filter presses, for drying waste from its alumina plant located in Alumínio (SP), which generates 1,500 t/day of waste. With this, the company will be able to completely do...
Companhia Brasileira de Alumínio (CBA) informs its shareholders that it will pay, on December 22, 2023, R$0.34580615046 per share, totalling R$206 million, relating to the mandatory dividend, as resolved in the AGM/ E 2023. Dividend payments will be made by deposit into the shareholders' current...
Companhia Brasileira de Alumínio (CBA), the largest aluminium producer in Brazil with a total production capacity of around 480,000 tonnes, announced its third-quarter results of 2023, ended September 30, reporting a 13 per cent growth in sales volume to 119,000 tonnes. The company’s primary...
The primary aluminium sector was quite busy last week, with unstable production all around the globe. Aluminium producer Alro's H1 2023 revenue fell to 1.55 billion RON due to lower prices and the ALUM refinery's temporary closure. The company also recorded a net loss of 164 million RON, compared...
The Brazilian integrated aluminium company Companhia Brasileira de Alumínio (CBA) operates in an integrated manner, from mining to the final product has adjusted its capital expenditure (capex) program's timeline due to a progressively demanding price environment. In its Q2 financial results, CBA...
Luciano Alves, a production engineer from Escola Politécnica da USP with over twenty years of experience in finance, strategic planning, and M&A, has taken over as CEO at Companhia Brasileira de Alumínio (CBA) in May. Alves joined the investor relations department after serving as Chief Financial...
The Brazilian aluminium industry is anticipated to depend less on imports and emphasise domestically produced metal in 2023 due to the demand for aluminium and the plans for significant extensive production capacity. Domestic producers were already raising premiums for deliveries in the first...
Global transformations are ever more present and increasingly large in size. New business models, emerging technologies penetrating our daily lives and new consumption patterns highly related to social, environmental and regulatory changes have stoked debate in companies worldwide. We need to...
On Sunday, April 2, Brazilian aluminium manufacturer Companhia Brasileira de Alumínio (CBA) announced that its controlling shareholder, conglomerate Votorantim SA, will sell 34 million shares in the firm in a follow-on offering. Votorantim SA has a 75.9% interest in CBA, says data from Refinitiv...
The metal aluminium is transformed in making into several products for our daily purposes like aluminium foils is one of them. The foil made from aluminium is again utilized in multiple ways, as the wrapping of food items due to its character of barring complete light and oxygen, while keeping...
The global aluminium recycling segment has been in the news for a number of reasons. To begin with, the Scepter Group reported a fire at their aluminium recycling business in Seneca Falls on Monday, November 22. The announcement came after the firm reported the event to 911 at 1:33 a.m. According...
Companhia Brasileira de Alumnio (CBA), based in São Paulo, has stated that its Metalex Ltd. subsidiary has increased its billet production capacity and is investing in its ability to utilise scrap at the Metalex melt plant. Metalex in Araçariguama, Brazil, has increased its billet production...
The largest aluminium producer in Brazil, Companhia Brasileira de Alumínio (CBA) inked an agreement to acquire 80% of Alux do Brasil, located in Nova Odessa-SP, in a transaction worth R$ 110 million, with a preference to buy the remaining 20% from the third year after accomplishment of the...
The largest aluminium producer in Brazil, Companhia Brasileira de Alumínio (CBA) has accomplished the acquisition of a 49% stake in a 171.6-MW wind portfolio from VTRM Energia, the collaboration formed by Votorantim Energia and Canada Pension Plan Investment Board (CPPIB). The $11.40 million deal...
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The aluminium arm of Brazilian conglomerate Votorantim SA is venturing on a shortfall of the metal which is used producing from beer cans to plane parts. Ricardo Carvalho, Chief Executive Officer, CBA said: “Companhia Brasileira de Aluminio plans to invest 4 billion reals in the next five years as...
Metalex has announced an investment of 50 million Reais ($9.3 million) to expand scrap treatment and extrusion billet production capacity, Fastmarkets MB reported. The expansion plan is divided in to two phases. Metalex, an industrial aluminium recycling unit in Araçariguama, is fully owned by...
According to a recent report, Brazilian aluminium producer Companhia Brasileira de Alumínio (CBA) will continue to seek ‘green funding’ for its low-carbon aluminium initiative. The company this year has already secured 500 million Reais ($90 million) to develop sustainability projects and offer...
