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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Govt only needs $120 million to take over Inalum, official says
...The Indonesian government will only need about US$120 million in cash to buy out Japanese companies’ 58.88 percent stake in PT Asahan Aluminium Indonesia (Inalum), if it decides to take over the company when its contract ends in 2013, an official of an agency overseeing the company’s operation...
Ball acquires Neuman Aluminum
...Ball Corp. said Monday it has acquired Neuman Aluminum, which makes aluminum slugs in the United States and Canada that are used in various product...
Chalco and Sapa to form aluminium JV
...Reuters reported that Aluminum Corporation of China Limited and Europe's Sapa AB has agreed to form JV to serve China's rolling stock market...
First Bauxite Corporation Announces Execution of Definitive Agreement With Bauxite Corporation of Guyana Inc. and Therefore the Acquisition of the Historical Tarakuli Bauxite Deposit in Guyana
...FIRST BAUXITE CORPORATION ("First Bauxite" or the "Company") (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that, further to its February 9, 2010 news release, the Company has now entered into a definitive agreement dated July 15, 2010 with Bauxite Corporation of Guyana...
Cornell Dubilier Foil purchases aluminum foil plant of Panasonic
...Cornell Dubilier Foil, a longtime customer of Panasonic's aluminum foil plant in Knoxville has purchased the plant's assets and resumed production of the specialty product used in electronics...
Jamaica to sell bauxite, alumina stake to China firm
...Jamaica’s government plans to sell its stake in bauxite producer and alumina refiner Clarendon Alumina Production Ltd (CAP) to a Chinese company, said Prime Minister Bruce Golding...
TAQA Buys 40% of Sohar Aluminium for $400 Million
... Abu Dhabi National Energy Co., known as TAQA, agreed to buy a 40 percent stake in Sohar Aluminium Co. of Oman from Abu Dhabi Water and Electricity Authority for $400 million. ...
Quaker Chem buys Houghton aluminum hot roll unit
... Quaker Chemical Corp. said Friday it has acquired an aluminum hot rolling oil business from Houghton International in a move to expand its primary metals business....
Indonesia sees On the Call: Alcoa Chairman and CEO KleinfeldAntam buying aluminium firm Inalum
...xchange-traded funds, such as those based in gold, silver, platinum and platinum, are one option for investing in commodities. The funds can be traded like stocks during daily trading sessions...
Indonesia sees Antam buying aluminium firm Inalum
...Reuters cited Mr Mustafa Abubakar state enterprises minister of Indonesia as saying that the government hopes state miner PT Aneka Tambang Tbk will be able to acquire 100% stake in aluminium firm PT Inalum...
UPDATE 1-Indonesia Sees Antam Buying Aluminium Firm Inalum
...Indonesia's state enterprises minister Mustafa Abubakar said on Friday the government hopes state miner PT Aneka Tambang Tbk (ANTM.JK: Quote) will be able to acquire a 100 percent stake in aluminium firm PT Inalum.
Superior Industries Invests in Aluminum Wheel Manufacturer SYNERGIES
...uperior Industries International, Inc. (NYSE:SUP) today announced it has acquired 8.7% of the outstanding shares of privately-owned SYNERGIES Castings Limited, an aluminum wheel manufacturer in Visakhapatnam, India.
TAQA Buys 40% of Sohar Aluminium for $400 Million
... Abu Dhabi National Energy Co., known as TAQA, agreed to buy a 40 percent stake in Sohar Aluminium Co. of Oman from Abu Dhabi Water and Electricity Authority for $400 million.
TAQA Buys 40% of Sohar Aluminium for $400 Million
... Abu Dhabi National Energy Co., known as TAQA, agreed to buy a 40 percent stake in Sohar Aluminium Co. of Oman from Abu Dhabi Water and Electricity Authority for $400 million.
Alcoa Treks Into Jungle to Cut Costs
The company has been battered by one of the fastest, steepest downturns in the mining and metals industry, and Alcoa Chief Executive Klaus Kleinfeld's recovery plan has been to whip out the corporate checkbook and build or buy nearly $4 billion of new operations, as well as slash other company...
Alcoa Treks Into Jungle to Cut Costs
The company has been battered by one of the fastest, steepest downturns in the mining and metals industry, and Alcoa Chief Executive Klaus Kleinfeld's recovery plan has been to whip out the corporate checkbook and build or buy nearly $4 billion of new operations, as well as slash other company...
Alcoa Treks Into Jungle to Cut Costs
The company has been battered by one of the fastest, steepest downturns in the mining and metals industry, and Alcoa Chief Executive Klaus Kleinfeld's recovery plan has been to whip out the corporate checkbook and build or buy nearly $4 billion of new operations, as well as slash other company...
Bosnia region annuls tender for Aluminij sell-off
Bosnia's regional government annulled on Tuesday a tender for a majority stake in its sole aluminium smelter as top bidder Glencore International AG [GLEN.UL] set terms the cabinet was unwilling to fulfill.
