Constellium divests Chinese joint venture as part of Vision 2028 strategy
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...
Gulf aluminium producers accelerate overseas acquisitions amid geopolitical and supply chain risks
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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Alcoa aluminium shares jump on Rio Tinto rumours
...Shares in US aluminium giant Alcoa jumped almost 4pc on Tuesday following market speculation that London-listed miner Rio Tinto was preparing a bid for the group...
Alcoa aluminium shares jump on Rio Tinto rumours
...Shares in US aluminium giant Alcoa jumped almost 4pc on Tuesday following market speculation that London-listed miner Rio Tinto was preparing a bid for the group...
Alcoa aluminium shares jump on Rio Tinto rumours
...Shares in US aluminium giant Alcoa jumped almost 4pc on Tuesday following market speculation that London-listed miner Rio Tinto was preparing a bid for the group...
Aleris International prepares to go public
...Aleris International, the Beachwood aluminum producer and recycling company plans to recycle itself again. The company said that it plans to become a public company again. In the last 7 years, Aleris also has gone through mergers buyouts from private equity firms, bankruptcy and restructuring...
Aluminum firm Aleris files IPO for up to $100 mln
... Aluminum processor Aleris Corp. filed plans to offer up to $100 million common stock in an initial public offering, a company formed to acquire the assets and operations of Aleris International, which emerged from bankruptcy last June. ...
Aluminum firm Aleris files IPO for up to $100 mln
... Aluminum processor Aleris Corp. filed plans to offer up to $100 million common stock in an initial public offering, a company formed to acquire the assets and operations of Aleris International, which emerged from bankruptcy last June. ...
Aluminum firm Aleris files IPO for up to $100 mln
... Aluminum processor Aleris Corp. filed plans to offer up to $100 million common stock in an initial public offering, a company formed to acquire the assets and operations of Aleris International, which emerged from bankruptcy last June. ...
Aditya Birla buys Kanoria unit for Rs 830 cr
...“The acquisition solidifies the group’s position as the country’s largest producer of chlor alkali. It is a critical input in the aluminium sector. Given our large expansion plans for the aluminium business, this serves as an excellent sourcing point,” said Kumar Mangalam Birla, the group’s...
Chalco and Sapa seal deal for aluminum JV
...Worldal reported that Aluminum Corporation of China Limited signed an agreement in Beijing with Sweden's extruded aluminum profile maker, Sapa Group to create 50 50 JV in southwest China to produce aluminum parts for high end rail transit projects...
BP sells Arco Aluminum to Japanese consortium
...Based in Louisville, Kentucky, USA, Arco Aluminum produces and markets aluminium sheet for the major US domestic beverage can makers...
Japan Sumitomo Light-lead group to buy U.S. ARCO Aluminum
...Sumitomo Light Metal Industries said on Monday it has led a group of Japanese firms in buying U.S.-based ARCO Aluminum from a subsidiary of British oil major BP Plc for $680 million...
Azerbaijan puts aluminum and cast iron enterprise on privatization
...The Azerbaijani State Committee on Property has announced an investment contest for sale of 98,71 percent of Baki Elektriktokme, the State Committee said. About 85 percent of the company’s package of shares put for sale falls to a standard package of investment competition, while 13.71 percent...
Chalco increases 137 million yuan to alumina and electrolytic aluminum business of Chalco
...luminium Corporation of China (02600) announced that the company succeeded in bidding 9.5% international trade equity of Chalco with the bid price of 115 million yuan (about 137 million yuan). After the deal, Shareholding of Chalco will rise to 100%...
Chalco increases 137 million yuan to alumina and electrolytic aluminum business of Chalco
...luminium Corporation of China (02600) announced that the company succeeded in bidding 9.5% international trade equity of Chalco with the bid price of 115 million yuan (about 137 million yuan). After the deal, Shareholding of Chalco will rise to 100%...
Rio Tinto Buys West Fraser Wharf in Kitimat
...Rio Tinto Alcan has reached a deal to buy the Eurocan wharf facility in Kitimat from West Fraser Timber. The wharf has been up for grabs since West Fraser shuttered its paper and linerboard mill last year...
Sapa Buys Indian Aluminum Extrusion Business
...Sapa Profiles India Pvt. Ltd. has entered into an agreement with Alufit (India) Pvt. Ltd. under which Sapa will buy the assets of Alufit related to its aluminium extrusion business operated out of its plant in Kuppam, India...
Xinren Aluminium
...DBS Vickers keeps call and raises the target price to S$0.76 from S$0.70 after the China-based aluminium producer announced its intention to acquire 100 per cent of the equity interest in two Chinese smelting plants, Liupanshui Shuangyuan and Yichang Changjiang, for an aggregate consideration of...
DJ Xinren Aluminum To Buy Two Smelting Firms For S$85.5 Mln
...China-based Xinren Aluminum Holdings Ltd. (MN5.SG) said Thursday it intends to acquire two Chinese smelting companies for S$85.5 million...
