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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Qatar Industrial Manufacturing Company (QIMC) has acquired Qatar Oman Investment Company’s (QOIC) entire 7 per cent stake in Qatar Aluminium Extrusion Company (QALEX), raising its holding to 52 per cent. In a statement on the Qatar Stock Exchange (QSE) website, QOIC said the move forms part of a...
Andrew Perchard, PhD and the Honorary Research Professor at Otago Business School, University of Otago and Visiting Professor at Birkbeck, University of London. An expert in the global aluminium industry, he has authored key industry histories, advised leading aluminium bodies and served on the...
Nuveen LLC, a US-based producer and marketer of aluminium products, has expanded its position in Kaiser Aluminium Corporation. It has purchased 43,250 shares valued at approximately USD 2.62 million, according to its latest SEC filing. The acquisition means Nuveen now owns 0.27 per cent of Kaiser...
Ball Corporation, an aluminium manufacturing and packaging company based in the US, announced that it has finalised the sale of 41 per cent of its 51 per cent interest in Ball United Arab Can Manufacturing Company (UAC) in Saudi Arabia to a subsidiary of packaging solutions, ORG Technology Co.,...
Renowned Mexican auto components manufacturer Nemak has acquired the automotive unit of GF Casting Solutions, a subsidiary of Swiss Industrial Group George Fischer. The Swiss industrial group is known for producing lightweight aluminium and magnesium components using metal casting technologies....
Garden City Equity, an Atlanta-based holding company, has announced the acquisition of Commercial Residential Aluminium (CRA), a Venice-based manufacturer of outdoor aluminium products serving both residential and commercial markets. The deal underscores Garden City Equity's strategy to expand its...
On August 4, DI Dongil announced its merger with Dongil Aluminium to ensure that its efficiency increases for its overall production of aluminium foil for its batteries. This merger is expected to increase the efficiency of the working mechanism management. This would also ensure that it would...
Alberta Investment Management Corporation, a Canadian Crown corporation and institutional investor owned by the Government of Alberta, has recently acquired a new stake in Century Aluminum Company. The strategic move follows the company's Q1 2025 earnings announcement and its latest 13F filing with...
Universal Beteiligungs und Servicegesellschaft mbH, a Germany-based institutional investor, has bought a fresh stake in Kaiser Aluminum Corporation, a US-based manufacturer. This marks a new investment move in the world of speciality aluminium products. Image Source: Kaiser Aluminum According to...
Scrap Management Industries (SMI), a ferrous and non-ferrous metal recycler firm located in Kansas City, USA, has expanded its footprint in the Midwest. It has acquired two highly operational recycling facilities, both in Kansas - the 12th & Haskell Recycle Centre in Lawrence and the East Wilson...
LQDX, formerly known as Averatek Corp. and a developer of high-performance materials for advanced semiconductor manufacturing, has announced the successful divestiture of its Aluminum Clad Laminate IP (ACL™) intellectual property to Toyo Aluminium K.K. Toyo Aluminium, a global leader in speciality...
China remains the dominant market for aluminium castings, followed by other key players such as the United States, India, Japan, and Germany. Global demand for aluminium castings is steadily climbing, with consumption projected to grow from 23.18 million tonnes in 2024 to 23.96 million tonnes in...
Capral Limited is pleased to announce that it has entered into a binding agreement to acquire the business of Comsupply Pty Ltd, a privately held aluminium systems and hardware distributor based in Perth, Western Australia. Founded as a family-owned business, Comsupply has built a strong reputation...
Strong results amid market headwinds, Alcoa's Q2 2025 earnings reflect resilience worth noting. On July 17, Alcoa Corporation, an American-based leading aluminium manufacturer, posted its financial performance for the second quarter of 2025. This report represents the firm's strong operational...
All eyes are on Alcoa Corporation’s Q2 2025 earnings, set to be revealed on July 16, 2025. In the meantime, Zacks Investment Research has offered an early outlook, projecting the company’s revenue to reach USD 2.91 billion, reflecting a modest increase of 0.3 per cent from the same quarter in 2024....
Superior Industries International Inc., based in Southfield, Michigan, and one of the leading suppliers of automotive aluminium wheels manufacturers in the world, announced a transformative acquisition deal that will change the company’s future on July 9, 2025. A group of term loan investors led by...
On July 1, 2025, Ma'aden, Saudi Arabian Mining Company, finalised its acquisition of almost 25.1 per cent stakes in MBAC (Ma'aden Bauxite and Alumina Company) and MAC (Ma'aden Aluminum Company), two critical pieces of Saudi Arabia's aluminum value chain. Previously, Alcoa held a 25.1 per cent...
LB Aluminium Bhd announced that it is acquiring a 6.74-acre leasehold industrial land along with existing buildings in Banting, Selangor, for RM 22 million (USD 5.21 million). In a filing with Bursa Malaysia, the aluminium extrusion manufacturer said the property is being purchased from Lucksoon...
