Cymat Technologies to acquire Rio Tinto Alcan's aluminum MMC technology and customers

Cymat Technologies Ltd. has entered into a Letter of Intent with Rio Tinto Alcan Inc. to acquire the technology and knowhow to manufacture proprietary aluminum metal matrix composites and assume RTA's customers. Cymat plans to establish production at its Mississauga plant.

“Cymat Technologies Ltd. is pleased to announce that it has entered into a Letter of Intent with Rio Tinto Alcan Inc. to acquire the technology and related knowhow to manufacture its proprietary aluminum metal matrix composites.”prnewswire.com

• 2 sources
• prnewswire.comCYMAT ENTERS INTO LETTER OF INTENT WITH RIO TINTO ALCAN TO ACQUIRE TECHNOLOGY & ASSUME CUSTOMERS OF THEIR PROPRIETARY ALUMINUM METAL MATRIX COMPOSITES BUSINESSCymat Technologies Ltd.Jun 24, 2025
• newswire.caCYMAT ENTERS INTO LETTER OF INTENT WITH RIO TINTO ALCAN TO ACQUIRE TECHNOLOGY & ASSUME CUSTOMERS OF THEIR PROPRIETARY ALUMINUM METAL MATRIX COMPOSITES BUSINESSCymat Technologies Ltd.Jun 24, 2025

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