# Liberty House makes binding offer for Rio Tinto's Dunkerque aluminium smelter

Liberty House, part of GFG Alliance, made a binding offer worth $500 million to acquire Rio Tinto's aluminium smelter in Dunkirk, France, with plans to invest €2 billion and build an auto components factory.

- Type: Acquisition
- Announced: 2018-01-10
- Where: Dunkirk, France, France
- Value: $500.0M
- Jobs: 570
- Status: announced
- Capacity: 270,000 metric tons of aluminum per year (to be raised to 280,000)
- Products: aluminium slab and ingot, auto components
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Rio Tinto](https://endata.com/companies/4215.md)
- [Rio Tinto](https://endata.com/companies/4215.md) (target)
- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)
- [GFG Alliance](https://endata.com/companies/19734.md) (investor)
- [Liberty House Group](https://endata.com/companies/19785.md) (acquirer)

## Sources

- [mining.com](https://www.mining.com/web/liberty-house-makes-binding-offer-rio-tintos-french-aluminium-smelter/), 2018-01-10: "Liberty House has made a binding offer for miner Rio Tinto’s aluminium smelter in Dunkirk, France, the largest in Europe."
- [gfgalliance.com](https://www.gfgalliance.com/media-release/british-group-gfg-alliance-makes-binding-offer-buy-aluminium-dunkerque-rio-tinto/), 2018-01-10: "GFG’s industrial arm Liberty House has made a binding conditional offer to Rio Tinto to buy Europe’s largest aluminium smelter based in Dunkerque, France."
- [miningconnection.com](https://miningconnection.com/coal_prep/news/article/rio_tinto_receives_500_million_binding_offer_for_aluminium_dunkerque_france), 2018-01-12: "Rio Tinto has received a binding offer from Liberty House to acquire Rio Tinto’s Aluminium Dunkerque smelter in northern France for $500 million, subject to final adjustments."
- [nordfranceinvest.com](https://www.nordfranceinvest.com/news/liberty-house-moves-to-acquire-aluminium-dunkerque/), 2018-01-18: "The UK group aims to use this massive investment to position France as a global hub for its operations in the aluminum, steel and automotive sectors."
- [australianminingreview.com.au](https://australianminingreview.com.au/news/gfgs-european-expansion/), 2018-02-02: "Our detailed analysis leads us to believe that Dunkerque is the best location to drive forward our downstream automotive strategy."

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