Feb 25, 2026ACQUISITIONBrazil Chalco and Rio Tinto acquire controlling stake in CBA
Aluminum Corporation of China (Chalco) and Rio Tinto jointly acquired a 68.596% controlling stake in Companhia Brasileira de Alumínio (CBA) from Votorantim for BRL 4.69 billion ($904 million). Chalco holds 67% and Rio Tinto 33% in a new joint venture.
Productsaluminium
“The BRL 4.69 billion transaction represents the largest aluminum-sector deal in Brazil in the past 15 years and marks Chalco’s entry into the Latin American market”thedealmatter.com
- 4 sources
- thedealmatter.comMayer Brown, T&C, Linklaters, Machado Meyer, KWM, Cleary, Stocche Forbes Act On Chalco & Rio Tinto’s Acquisition In CBA - thedealmatter.comFeb 25, 2026
- news.metal.comRio Tinto and Giampaolo Build a Strong Partnership in the Matalco Join - Shanghai Metals Market (SMM)Mar 6, 2026
- aluminum.yieh.comRio Tinto & Chinalco win final approval for CBA stake-Yieh Corp Steel NewsYieh Corp.Mar 12, 2026
- cksonline.com.brCade aprova venda do controle da Companhia Brasileira de Alumínio para Chinalco e Rio Tinto - CKS OnlineWellingtonMar 13, 2026
Summarized from public sources; check the original articles before acting on it.
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