
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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<p>Bonnell has announced that its parent company, Tredegar Corporation has agreed to acquire 100% ownership of Futura Industries. Upon the closing of the transaction, which is expected by mid-February, Futura will become an operating division of Bonnell Aluminum.<br /><br />Futura, headquartered in...

<p>A filing with the U.S. Securities and Exchange Commission confirms that Century Aluminum has completed the sale of its Ravenswood smelter to Applied Partners Inc. for about $15 million. Both the companies signed a sale agreement on Dec. 2 and all the official formalities were completed on...

<p>Bosnian oil and oil derivatives trader Hifa Oil has acquired a German manufacturer of aluminium door and window profiles, LB.Profile GmbH, local media reported.</p> <p>Last year, Hifa's unit Euro Roal concluded a strategic partnership with LB.Profile paving the way for the acquisition. This is...

<p>Rio Tinto has reached a binding agreement for the sale of its wholly-owned Australian subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited for up to $2.45 billion comprising:<br /><br /> • An initial $1.95 billion cash payment, payable at...

<p>Spanish aluminium composite panel manufacturer Alucoil has raised its stake in Aluminium du Maroc- a Casablanca-listed company, reported industry sources. The aluminium fabricator for the construction, transportation and industry is learnt to have acquired, in a block transaction, 20,160...

<p>The year 2016 is marked by a distinct shift towards value added applications in aluminium. Aluminium producers around the world fought out to find ways and means to survive the slump in the commodity market. Cost cutting and energy efficiency along with value added applications became the...

<p>Imerys S.A, the French multinational behemoth dealing in industrial mineral production and processing, will divest one of its newly purchased fused alumina operations in La Bathie in Savoie, France, reported sources familiar with the development. The move comes after the European Commission set...

<p>With the growing demand for aluminium in the end user market and the growing aluminium production in Asian countries including China and the Middle East region, demand for bauxite grew manifold during 2016. Countries competed with each other to supply bauxite to China, the largest aluminium...

<p>Daido Metal, an auto engine bearing manufacturer is prepared to acquire Thai business from Asahi Tec’s aluminium casting segment worth 10 billion yen ($85 million), hoping to support the company by using its own sales network.</p> <p><img style="vertical-align: middle; display: block;...

<p>Metro Mining Ltd has taken control of 99.7% of Gulf Alumina Ltd and will compulsory acquire the remaining shares.</p> <p>Metro today announced it will immediately combine Gulf’s neighbouring Skardon River Bauxite Project within its flagship Bauxite Hills Project creating one of the largest...

<p>The year 2016 is marked by a continued slowdown in primary aluminium sector in the west and a distinct shift towards value added applications in aluminium. Aluminium producers around the world fought out to find ways and means to survive the slump in the commodity market. Cost...

<p>Hydro announced through a press release on 15 December 2016 that the company has completed the acquisition of Vale's remaining shares in Mineração Paragominas S.A. (MPSA). Hydro expects the acquisition will have a positive impact for Bauxite & Alumina segment of about USD 45...

<p>Applied Partners, a company that specializes in remediation has agreed to purchase the Century Aluminum plant in Ravenswood for $15 million. The company will house one of its own subsidiaries on the site and make spaces available for other companies too in the total 1,800 acres of redeveloped...

<p>The historic Lochabar aluminium smelter by Rio Tinto which was sold to Liberty House Group will soon see the new owner taking over its operations. The new owners plan to produce car parts in the plant and create new job opportunities in Lochaber. The Press and Journal states that the Liberty...

<p>Rio Tinto has reached an agreement to sell its assets at Lochaber, Scotland to SIMEC for consideration totalling $410 million (£330 million).<br /><br />The sale purchase agreement comprises the sale of Rio Tinto’s 100 per cent shareholding in Alcan Aluminium UK Limited which...

<p>As reported by Reuters, China Hongqiao Group Ltd is said it will invest $1.6 billion to buy two aluminium processing firms in order to expand its operation in the value added segment.<br /><br />After a series of transactions, the world’s biggest aluminium smelter would own majority stake...

<p>Metro Mining Ltd has provided an update on the Moly Mines Ltd offer to Gulf Alumina. Metro said today that it wishes to advise that yesterday Moly Mines Ltd announced that it had received notice from the Australian Securities Exchange advising that it will exercise its discretion under...

<p>Rio Tinto has reached an agreement to sell its assets at Lochaber, Scotland to SIMEC for consideration totalling $410 million (£330 million).<br /><br />The sale purchase agreement comprises the sale of Rio Tinto’s 100 per cent shareholding in Alcan Aluminium UK Limited which...