
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...
Grow with
AL Circle

<p>With two factories, one in Chennai in the south, and the other in Kolkata, in the east, in addition to the commercial offices in Pune, Mumbai and Delhi and more than 1,000 employees, Danieli India is a leading supplier of equipment and plants to the steel and aluminium industry. On a realistic...

<p>Alcoa, the world's fifth largest producer of aluminium, which split into two separate businesses, revitalized itself from the separations, CEO Roy C. Harvey told the shareholders at the David L. Lawrence Convention Center, Downtown. The company split into upstream Alcoa and downstream Arconic in...

<p>Patrick Industries, a major manufacturer of component products and distributor of building and construction products serving multiple industrial sectors has announced the complete acquisition of Leisure Product Enterprises, LLC at an approximate price of $73.5 million. LPE is a holding...

<p>EFCO, a leading U.S. manufacturer of architectural aluminium window, curtainwall, storefront and entrance systems, will be acquired by Apogee Enterprises, Inc. (APOG). APOG announced that the company has reached an agreement to purchase 100 per cent of the stock of privately-held EFCO...

<p>Arconic Inc. today announced the completion on May 4, 2017 of the exchange of its remaining 12,958,767 shares of common stock of Alcoa Corporation for $428,635,000 aggregate principal amount of Arconic debt held by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC. The...

<p>The week gone by has been marked by production updates, mergers, corporate decisions and quarterly result release by a few major companies from the aluminium downstream sector. The market is more or less in a balanced position; the quarterly results indicate a bullish trend and companies are...

<p>Norican Global, a leading metallic parts enhancement company (by virtue of its ownership of both DISA and Wheelabrator), announced the completion of the Light Metal Casting Solutions Group (LMCS) acquisition.</p> <p>On February this year, the company entered into an agreement with Auctus Fund...

<p>Primary aluminium industry this week was abuzz with news of big companies merging to create leading global entities, aluminium smelters signing technology partnerships with automation giants, and India showing strong aluminium demand prospects for the long-term.</p> <p>Here’s a review of...

<p>With news coming up every day on downstream aluminium industry, AlCircle makes sure you’re informed on the latest acquisitions, installations, expansions and future outlook of the companies. Through this article, let’s revisit some of the news that you need to know from the...

<p>Vedanta Ltd, the mining subsidiary of the UK-listed Vedanta Resources that recently completed its merger with Cairn India, will get an access to $4 billion of cash and another about $700 million a year from the merger, said S&P Global Ratings. The fund will allow Vedanta Ltd to repay its...

<p>UC RUSAL, a leading global aluminium producer, acquires share of the foundry and mechanical production facility SKAD (SKAD), which is a producer of aluminium alloy car wheels, located in Krasnoyarsk.</p> <p>Under the terms of the transaction, RUSAL will own a stake in the authorised capital of...

<p>Chinese-controlled Yancoal has won the approval of Australia's Foreign Investment Review Board (FIRB) to purchase Rio Tinto's Hunter Valley coal mine involving a $US2.45 billion ($3.2 billion) investment in New South Wales. Yancoal said the FIRB approval was “a critical...

<p>Vedanta Limited and Cairn India Limited have announced that the merger of Cairn India with Vedanta has become effective from today, April 12 2017.</p> <p>Based on CY 2016 reported EBITDA of diversified natural resources companies globally, Vedanta is ranked #6 among the global diversified...

<p>Arconic Inc. announced the divestiture of its Fusina, Italy rolling mill to Slim Aluminium on April 6 2017. The transaction follows a thorough review process and is part of Arconic Global Rolled Products’ (GRP) continued drive to convert the business from a commodity producer to a...

<p>US aluminium wheel maker Superior Industries has offered to purchase Uniwheels, a manufacturer of light-alloy wheels for the automotive industry, for a $715 million after winning the support of the Warsaw-listed company's biggest shareholder.</p> <p><img style="vertical-align: middle;...

<p>Vedanta Limited, a subsidiary of metal & mining conglomerate Vedanta Resources, has made an announcement today that National Company Law Tribunal has approved the merger of Cairn India Limited with Vedanta Limited.</p> <p><img style="vertical-align: middle;"...

<p>Long established local aluminium powder coating business Vertik-Al Limited in Birmingham has been acquired by investment funds led by renowned venture capitalist Jon Moulton in a new deal.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...

<p>Chairman of Vedanta Resources, Anil Agarwal announced his plans to buy as much as $2.4 billion or 13 per cent of Anglo American Plc shares in the market after a failed merger proposal last year. The purchase will make Agarwal the second-largest shareholder after South Africa’s Public...