Alcoa to acquire South32 aluminum assets in up to $5.6B deal

Alcoa Corporation has agreed to acquire South32's interests in bauxite, alumina and aluminum operations including Worsley Alumina, Hillside Aluminium, and interests in MRN and Alumar, for up to US$5.6 billion. The deal includes US$3.1 billion cash, US$1.0 billion in Alcoa equity, and up to US$750 million in contingent payments. Completion is expected in the first half of 2027.

“Alcoa Corporation (AA) reports that South32 Limited has convened a shareholder meeting to vote on selling its interests in several bauxite, alumina and aluminum operations to Alcoa under a June 30, 2026 Umbrella Implementation Deed.”stocktitan.net

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• stocktitan.netAlcoa to acquire South32 aluminum assets in $5.6B deal | AA 8-K FilingStock TitanSep 11, 2026

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