Cba
Rio Tinto-Chinalco wins CADE approval for controlling stake in CBA, opportunity to expand low-carbon aluminium for Rio
Brazil's antitrust authority CADE has approved the joint acquisition of Companhia Brasileira de Aluminio (CBA) by Rio Tinto and Aluminum Corporation of China, also known as Chinalco, clearing the final regulatory hurdle on March 11, 2026. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " This latest approval removes the last regulatory barrier to the deal signed between mining giants in January, agreeing to acquire a controlling stake from Grupo Votorantim for 4.69 billion reais (USD 910 million), alongside a tender offer for the remaining CBA shares. Also Read: New solar installation at Crown’s Seville plant advances renewable energy goals The investment will be managed through a joint venture — 67 per cent held by a...
Rio Tinto-Chalco partnership targets growth with $902M CBA transaction
*** Rio Tinto and Aluminum Corporation of China Limited (Chalco) have agreed to jointly acquire a controlling stake in Companhia Brasileira de Alumínio (CBA), marking a major strategic move to expand their presence in low-carbon aluminium production. Under a definitive agreement with Votorantim, the partners will purchase 68.596 per cent of CBA through a newly formed joint venture, owned 33 per cent by Rio Tinto and 67 per cent by Chalco. The transaction is priced at BRL 10.50 per share (USD 2 per share), representing a 21.2 per cent premium to CBA’s recent 20-day average trading price of BRL 8.67 (USD 1.66). The deal values Votorantim’s holding at approximately USD 902.6 million, with Rio Tinto contributing USD 297.8 million on a pro-rata basis. For the global aluminium value-chain 2026...
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ALUMINIUM 2026
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
ALUMINIUM 2026
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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CBA chief urges Brazil to follow Indonesia and categorise aluminium as critical mineral
Brazil has yet to tap its full aluminium potential, and the country must look beyond the domestic market and re-enter global trade, according to Luciano Alves, CEO of aluminium producer Companhia Brasileira de Alumínio (CBA). He said Brazil could lift production and expand its industrial footprint if the government recognises aluminium as a critical mineral. Indonesia as a policy model Alves pointed to Indonesia’s decade-long shift from raw bauxite exports to a refinery-led model as the clearest blueprint for Brazil to emulate. “[Indonesia] is a country that used to export a lot of bauxite, but about ten years ago made a decision to create mechanisms to encourage the construction of aluminium refineries and smelters domestically… They did that very well. Today, there are several new...
EGA considers strategic takeover of Brazilian aluminium producer CBA
Emirates Global Aluminium (EGA), a leader in global aluminium production, is reportedly looking into the possibility of acquiring Companhia Brasileira de Aluminio (CBA), a supplier of low-carbon aluminium, as per two sources who are in the know. CBA's comprehensive operations that cover the entire aluminium value chain make it an attractive option for EGA's strategic growth plans. EGA, which is co-owned by Abu Dhabi's sovereign wealth fund Mubadala and the Investment Corporation of Dubai, is said to be working with Morgan Stanley as its investment banking adviser for a possible acquisition, according to sources aware of the situation. Little on CBA According to data from LSEG, CBA had a market capitalisation of about USD 487 million at the close of the market on Monday. The firm, which is...
Ovni 490: The newly launched all-aluminium sailboat features 1,600W solar panels & 1,000lt fuel tank capacity
Ovni, the French-built brand, is already turning heads for its newly launched all-aluminium 50ft centre boarder titled the Ovni 490. Designed by the renowned Mortain/Mavrikios team in collaboration with CBA, the yacht has been Crafted to meet what the French yard calls strong demand for a 50-footer with a pilothouse, this latest model marries rugged bluewater capability with refined, contemporary comfort. An all-aluminium centreboarder is a sailboat built entirely from aluminium and equipped with a pivoting centreboard instead of a fixed keel. This design offers key advantages - a shallow draft for exploring coastal and shallow waters, excellent resistance to impact and corrosion, and rugged durability ideal for long-distance cruising and off-the-grid adventures. Drawing inspiration from...
IAI reports major progress in 'Greenhouse Gas Reduction Initiative’
The aluminium industry is committed to curbing greenhouse gas emissions in alignment with global scientific targets and national policies. The International Aluminium Institute (IAI) has provided an update on the progress of its Aluminium Industry Greenhouse Gas Initiative, showcasing its member companies' ambitions, technological investments, and reporting strategies. The International Aluminium Institute launched the Aluminium Industry GHG Initiative at COP28 in Dubai in 2023. As part of the initiative, the IAI commits to reporting global GHG emissions for the aluminium industry annually to track sector progress and collate the targets of all IAI member companies based on publicly available information. Major aluminium producers have already backed this initiative as the sector...
New GLAFRI President elected at Global Aluminium Foil Roller Conference 2024 in Istanbul
The membership of the Global Aluminium Foil Roller Initiative (GLAFRI) elected Fernando Varella, as the new President of the organisation representing the aluminium foil rollers worldwide. The election took place at the General Assembly on the occasion of the 7th Global Aluminium Foil Roller Conference (GLAFCO), held in Istanbul from 4-6 Sep 2024. Fernando Varella is Vice President Downstream Flat Rolled/Extruded Products and Innovation & Digital transformation at Companhia Brasileira de Alumínio – CBA and succeeds Göksal Güngör, CEO of Assan Alüminyum who served two terms as Vice-President and two terms as President during a significant period for the aluminium foil industry, marked by substantial developments in sustainability and innovation. Göksal Güngör expressed his gratitude for...
CBA proposes to increase the DRS locations in Ontario to recycle more aluminium cans
A report by the Canadian Beverage Association (CBA), researched and authored by Eunomia Research & Consulting Inc. has concluded that the best approach for Ontario to achieve a 90 per cent recovery rate for beverage containers like aluminium cans is to expand the current deposit system managed by The Beer Store. The recommendation suggests increasing the number of retail and depot locations where Ontarians can return bottles and aluminium cans to receive a 10-cent refund per container. CBA commissioned Eunomia The CBA commissioned Eunomia to conduct a research report and a DRS modelling study to identify a cost-effective, consumer-friendly, high-performing deposit-return system (DRS). Implementing such a system would achieve high recycling rates, reduce environmental litter, and increase...
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