
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>A-Plant, one of the UK's leading equipment hire companies, has acquired Lion Trackhire for £38 million (€42.5 million). A-Plant said that it wants to merge the business with its temporary access specialist operation Eve and re-position the combined business as a new brand. At the...

<p>Vimetco N.V., the global, vertically integrated producer of primary and processed aluminium products announced recently that it is in talks with a ‘potential buyer’ regarding a possible sale of its stake in all the entities that hold its key aluminium producing facilities in China....

<p>Chinese aluminium giants are making fast forays into global aerospace and automotive markets. Industry experts believe their entry would not only heat up competition but also spark fresh buying spree for metal companies based in the US and Europe. The Chinese aluminium makers are aiming at...

<p>According to an Aluminium Insider report, Australian government has asked Federal Treasurer Scott Morrison to reject the effort of the Chinese firm intending to acquire Gulf Alumina. <br /><br />Expressing his doubt about the company’s integrity, Parliament Member for Leichhardt Warren...

<p>Noranda Aluminum Holding Corporation today announced Court approval for the sale of the Company's aluminum smelter and facilities in New Madrid, Missouri, to ARG International AG for a purchase price of $13.7 million. The Court approval follows an auction that took place on September 28, 2016....

<p>Alcoa’s board has approved the New York Stock Exchange-listed aluminium giant’s demerger into two public entities, scheduled to come into effect on November 1.<br /><br />Spin-off Arconic will provide high-performance materials and engineered products to the aerospace and automotive...

<p>Two bidders have submitted their bids for the upstream business of Noranda Aluminium, the bankrupt aluminium producer from the US, in an auction held on Wednesday last week. Assets including one of Noranda's idled smelters in Missouri, a bauxite mining site in Jamaica, and an operational alumina...

<p>China Xingfa Aluminium, which on September 15 halted trading ahead of a takeover announcement, announced this morning shares would resume trading after it filed an announcement last night proposing the company’s privatisation.<br /><br />The director of the firm and that of it’s...

<p>Metro Mining Ltd has confirmed it has entered binding agreements to increase its ownership in Gulf Alumina Limited to approximately 39% of the total issued capital of Gulf. <br /><br />The Announcement follows Metro’s shares being placed in a trading halt on Monday. (19 Sept.) <br /><br...

<p>Shares in state-controlled Hong Kong-listed Xingfa Aluminium have halted trading ahead of a takeover announcement, coinciding with a halt in trading for shares in China’s largest aluminium company.<br /><br />Xingfa, almost a third of whose shares are owned by state-run investment firm...

<p>As a counter effect of the falling commodity price, Hindalco Industries will go ahead with plans to sell its alumina plant and mines in Brazil.<br /><br />According to an Economics Times report, Hindalco wants to use the money to pay off loans and focus on the domestic business to be...

<p>The equity shareholders of Cairn India Limited have today approved the Scheme of Arrangement of Cairn India Limited with Vedanta Limited with requisite majority. Vedanta Limited shareholders already approved of the scheme on 9th September 2016.<br /><br />Anil Agarwal, Chairman of Vedanta...

<p>After creating a monopoly in the market for primary aluminium, China aims to venture into the high value added segment for the metal.<br /> <br />The most surprising and unexpected step so far was when Chinese aluminum entrepreneur Liu Zhongtian of China Zhongwang announced the acquisition...

<p>Southfield, Michigan based Metaldyne Performance Group Inc. (MPG) has announced the acquisition of Brillion Iron Works, a business unit of Accuride Corporation. MPG is a leading provider of cutting-edge lightweight components used in powertrain and suspension applications for the global light,...

<p>Rio Tinto has completed the sale of its 74 per cent of Zululand Anthracite Colliery (ZAC) to Menar Holding, for an undisclosed sum.<br /><br />ZAC, an underground mine in Zululand, South Africa, produces premium quality anthracite for international and domestic customers and has more than 1,300...

<p>Alcoa Inc. (NYSE:AA) (“Alcoa”) and Alumina Limited (ASX:AWC) (“Alumina”) today announced that they have agreed to make certain changes to the Alcoa World Alumina and Chemicals (“AWAC”) joint venture that will enhance value for Alcoa, Alumina, and their...

<p>Saudi Arabian asset management group Sedco Capital acquired a strategic minority stake in Nedec, one of the top manufacturers of die-casting and machining products.<br /><br />A South Korean company established in 1985, Nedec's products are used in storage devices, automobile components and...

<p>In a press release on August 29, Aleris Corporation, a global aluminium rolled products producer, announced that it has entered into an agreement with Zhongwang USA LLC, a company majority-owned and led by Mr.Liu Zhongtian, founder of China Zhongwang Holdings Limited. According to the...