Rio Tinto and Giampaolo Group complete Matalco aluminium recycling joint venture

Rio Tinto acquired a 50% equity stake in the Matalco business from Giampaolo Group for $700 million, forming a joint venture that combines North America's largest primary and secondary aluminium producers, with Matalco operating six US facilities and one Canadian site with a capacity of 900,000 tonnes per annum.

“Rio Tinto and Giampaolo Group have completed a transaction to form the Matalco joint venture, combining the strengths of North America's largest primary and secondary aluminium producers”stockopedia.com

• 1 source
• stockopedia.comRIO TINTO | REG - Rio Tinto - Rio Tinto & Giampaolo Group complete Matalco JVJan 12, 2023

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