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CBA posts record Q2’26 earnings as aluminium prices lift EBITDA 273%

Brazilian low-carbon aluminium producer Companhia Brasileira de Alumínio (CBA) posted its best-ever quarterly result in the second quarter (Q2) of 2026, driven by record London Metal Exchange (LME) aluminium prices, increased sales volumes, better product mix and continued operational efficiencies. CBA noted that it was back in profit, with revenue and EBITDA both registering huge year-on-year gains, highlighting the company’s recovery propelled by favourable market conditions. Explore- Mos ...

Sustainability

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 con ...

Primary AL

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 ...

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