# Cymat acquires Rio Tinto's aluminum MMC business

Cymat Technologies has executed a commercial agreement with Rio Tinto Alcan to absorb customers of its aluminum metal matrix composites (MMC) business. Cymat plans to establish MMC manufacturing at its Mississauga facility, with full commissioning anticipated in early Q2 2027.

- Type: Acquisition
- Announced: 2026-07-23
- Where: Mississauga, Canada
- Value: $2.00M
- Status: announced
- Products: aluminum metal matrix composites
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Cymat Technologies Ltd.](https://endata.com/companies/16033.md) (acquirer)
- [Rio Tinto Alcan](https://endata.com/companies/44368.md) (target)

## Sources

- [aluminum.yieh.com](https://www.aluminum.yieh.com/en/cymat-acquires-rio-tintos-aluminum-metal-matrix-composites-business/161631), 2026-07-23: "Capital costs are estimated at US$2 million, with full commissioning anticipated in the early second quarter of 2027."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.