Merger And Acquisition
RUSAL seeks buyers for Windalco after 1.57 Mt of bauxite, 396,000 tonnes of alumina output
Russia-based aluminium producer RUSAL is exploring a potential sale of its Windalco bauxite and alumina operations in Jamaica, signalling a possible reshaping of its Caribbean footprint. The reported move also extends to its bauxite interests in Guyana, although both potential transactions remain at an early stage and may not ultimately proceed. Windalco becomes part of RUSAL’s potential asset reshuffle Windalco comprises the Ewarton alumina refinery in St Catherine, bauxite mines and the Port Esquivel shipping terminal. According to RUSAL’s 2025 annual report, the Jamaican operation produced 1.565 million tonnes of bauxite and 396,000 tonnes of alumina in 2025. The alumina output represented less than 6 per cent of RUSAL’s total alumina production of 6.858 million tonnes during the year....
Alcoa targets a larger aluminium, alumina and bauxite portfolio with the South32 acquisition
Alcoa will acquire South32's aluminium, alumina and bauxite business in a deal worth up to USD 5.6 billion, expanding its position across the aluminium value chain. According to Wood Mackenzie, the acquisition will raise Alcoa's aluminium smelting capacity by around 26 per cent and make it the world's largest equity-attributable bauxite producer. The consideration includes USD 3.1 billion in cash, about USD 1 billion in Alcoa shares through the issuance of approximately 17 million shares, around USD 750 million in assumed net debt and lease liabilities, and up to USD 750 million in contingent payments linked to aluminium and alumina prices through 2030. Cash flows from the assets will transfer to Alcoa from 1 April 2026. Wood Mackenzie estimates the portfolio is worth about USD 10.9...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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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 market. It employs around 200 people. The company said that the transaction is part of its Vision 2028 strategy to optimise its manufacturing footprint and improve competitiveness. According to Stephane Corre, President of Constellium's Automotive Structures and Industry business unit, “This decision allows us to focus our resources where we can best serve our automotive structures customers and create long-term value.” The financial terms of the transaction were not disclosed. Constellium...
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 highlight the vulnerability of regional supply chains. Gulf producers currently account for close to 10 per cent of global aluminium output. The expansion drive also coincides with expectations of rising global aluminium demand. Industry forecasts project demand to exceed 92 million tonnes by 2031, supported by growth in electric vehicles, renewable energy infrastructure and sustainable packaging. According to Jamal Banoun, manager of the Riyadh-based SMS Economic Consulting Centre, overseas...
JKL completes exit from Sama Aluminium with $47.4 million
JKL Investment has fully exited its investment in Sama Aluminium, recovering around KRW 70 billion (USD 47.4 million) and more than doubling its initial investment. In January 2023, the firm invested about KRW 32.1 billion (USD 21.8 million) in the company. It did this through equity and convertible bonds under its ESG Future Mobility Value Chain fund. The deal included more than 700,000 shares and bonds worth KRW 10 billion (USD 6.77 million). It was meant to support growth in electric vehicles and secondary battery materials. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” JKL started selling part of its stake after the lock-up period ended, offloading some shares between...
Nexans to acquire Republic Wire, strengthening its aluminium and copper wire foothold in the United States
All the share capital of Republic Wire, Inc., a manufacturer of aluminium and copper wire with headquarters in Cincinnati, Ohio, has been acquired by Nexans, a global leader in electrification, driving the energy transition with innovative solutions that power a safer, sustainable, and connected future. Republic Wire, Inc., founded in 1982 and family-owned, have emerged as a leading manufacturer of low-voltage wiring products, catering to electrical wholesale distributors, utilities, and municipalities throughout the US and Canada. In the year that ended in February 2026, the firm made a total revenue of USD 5,617.3 million. Additionally, the firm attained a fully operational industrial platform, which included a 32,500 square metre manufacturing facility and is heavily automated....
CIE Automotive India approves merger with aluminium casting subsidiary
CIE Automotive India Ltd approved merging its full subsidiary, CIE Aluminium Casting India Ltd. This pulls all aluminium casting under the main company. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " The board cleared the scheme of amalgamation in line with the Companies Act and SEBI regulations. As the subsidiary is fully owned, no new shares will be issued, and its share capital will be cancelled upon completion of the merger. Also read: Gränges AB marches into Q2’26 of the aluminium industry after robust Q1 results The company said the move is expected to improve operational efficiency and reduce structural complexity. It may also help achieve economies of scale and better coordination across operations,...
Glencore buys 45% stake in US aluminium recycling plant, targets 120,000 tonnes recycling capacity
Glencore secured a 45 per cent stake in an aluminium recycling and remelting plant near Charleston, South Carolina, raising its position in the US aluminium market. The move is due to global supply chains facing pressure because of the conflict in the Middle East, which has affected availability and pushed up aluminium prices. The metal is widely used in sectors such as transport, construction, and packaging, making a stable supply important for the industry. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " Glencore already holds a 30 per cent stake in Century Aluminum and had earlier provided funding for the Charleston-area facility in return for marketing rights. With this new investment, the company is increasing...
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“The market tightened further as European aluminium producers tried to replace Russian aluminium with alternative suppliers”, Moritz Hansen, Head of Marketing & Communication at Speira
“A great uncertainty remains in Europe. We must stay watchful and alert to envision all possible outcomes”, Éloïse Harvey, CEO at EPIQ MACHINERY
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