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CBA

Rio Tinto-Chinalco wins CADE approval for controlling stake in CBA, opportunity to expand low-carbon aluminium for Rio
Sustainability
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 ...
Rio Tinto-Chalco partnership targets growth with $902M CBA transaction
Primary AL
*** 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 ...

Primary AL
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 clea ...
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