Constellium has sold its ownership stake in its automotive structures joint venture in Changchun, China, along with its partner, to a Chinese automotive holding company. The Changchun facility manufactures aluminium crash management systems and other structural components for the Chinese automotive...
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
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Yunnan Aluminium will acquire and consolidate stakes across three related companies after Aluminum Corporation of China (Chalco) signed a capital-contribution agreement to restructure ownership within its downstream aluminium operations, according to a filing with the Hong Kong Stock Exchange....
Aluminium supplier Al Taiseer Group Talco Industrial Company (TALCO), an aluminium extrusion company in Saudi Arabia has opened a new chapter in Saudi Arabia’s aluminium sector with a preliminary agreement to acquire Eastern Aluminium Extrusion Factory. The non-binding MoU allows TALCO, an...
Plans for a major shake-up at Aluminium Dunkerque are beginning to surface, with American Industrial Partners (AIP) considering whether to sell the French smelter or place it on the stock market, according to information shared by a union official. Johan Vlietinck of the CGT union stated that local...
A new strategic investment has surfaced within the Chinese aluminium industry, with GLENCORE and Hillhouse Investment plans to acquire Chuangxin Industries during its upcoming IPO to be held in Hong Kong. This further signals an uplift in the Chinese aluminium smelter's potential as metal prices...
According to statements published by the two groups' subsidiaries late Monday, the Henan State-owned Assets Supervision and Administration Commission (SASAC) – the actual controller of both groups – has decided to inject its 100 per cent stake in Henan Energy into Pingmei Shenma "as a capital...
Ukraine’s State Property Fund is again selling a 97.5458 per cent stake in the Zaporizhzhia Aluminum Plant (ZAlK), which is 100 per cent state-owned. The auction is scheduled to start at UAH 75.93 million (excluding VAT; USD 1.81 million). The plant is located in the city of Zaporizhzhia, near the...
Iochpe-Maxion (B3: MYPK3), a global manufacturer of automotive wheels and structural components, through its subsidiary Maxion Wheels, has announced a series of strategic steps to strengthen its light vehicle aluminium wheel business in South America. The company plans to redeploy existing global...
A fresh strategic alliance is taking shape in Turkey’s aluminium landscape. A Turkish aluminium producer, ASAS, is making waves internationally by acquiring Eurofoil France, a company based in France. This acquisition is a major step forward in ASAS’s strategy for global expansion, marking an...
The US federal government shutdown that started on October 1, 2025, has stalled the review deadline of Hindalco Industries Ltd’s USD 125 million acquisition of alumina firm AluChem Companies Inc. The metal major’s deal is among several cross-border transactions affected. The Committee on Foreign...
Global mining giant Rio Tinto is reportedly exploring an asset-for-equity swap with Aluminium Corp. of China, Chinalco. News sources reported, citing sources close to the matter, that this move aims to reduce Chinalco’s current 11 per cent stake by up to 2 percentage points, potentially down to...
The sale of the former Anglesey Aluminium site in Holyhead involved a hefty fee of around GBP 2.8 million to the administrator for the sale of the site. The former Anglesey Aluminium site in Holyhead was an aluminium smelting plant that was closed in 2009 after the end of its power contract. Both...
Hydro Energy Invest AS has entered a transaction to exchange its minority stake in Lithium de France for a minority shareholding in Arverne Group. Arverne Group , listed on Euronext Paris, is a French provider of geothermal solutions and the largest shareholder in Lithium de France. Hydro acquired...
Europe’s largest industrial players, Siemens and TotalEnergies, have prompted European leaders to eliminate one of the most high-profile corporate sustainability laws. The reason behind this is that it adds additional regulatory burdens, which affect the company’s competitive edge. According to a...
Yamaha Motor Company Ltd (YMC), in Australia, is planning to acquire full ownership of Telwater from Bombardier Recreation Products Inc (BRP), along with its property in Coomera, Queensland, where aluminium trailer boats, mainly used for leisure purposes, are manufactured, assembled, and stored....
Gilpin has successfully completed the acquisition of AMCLO, one of the largest independent producers of metal closures for composite cans, cores, and tubes. The deal encompasses AMCLO’s production equipment, inventory and established customer base. As part of the acquisition plan, Gilpin has...
Emirates Global Aluminium (EGA), a leader in global aluminium production, is reportedly looking into the possibility of acquiring Companhia Brasileira de Aluminio (CBA), a supplier of low-carbon aluminium, as per two sources who are in the know. CBA's comprehensive operations that cover the entire...
After acquiring Polish aluminium recycler Alumetal S.A. two years ago, Hydro is now on the road to finishing the integration of Alumetal's operations in both Poland and Hungary. As part of a rebranding effort, the plants will now operate under Hydro's name, which will help the company solidify its...
Nupur Recycling Ltd., a leader in metal scrap processing and recycling, based in New Delhi, has successfully acquired Tycod Autotech Pvt. Ltd., a manufacturer of high-pressure die-cast and machined aluminium alloy components for automotive applications, which is located in Haryana. The company sees...
