Companhia Brasileira de Alumínio (CBA) has signed a contract to acquire Arconic Inc.'s operation in Itapissuma, Pernambuco, Brazil, for US$50 million. The unit has a production capacity of 50,000 tonnes per year of aluminum sheets and plates.
Rio Tinto and Aluminum Corporation of China Limited (Chalco) entered a definitive agreement to acquire Votorantim's 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA) for approximately $902.6 million. The acquisition will be through a joint venture owned 33% by Rio Tinto and 67% by Chalco.
Rio Tinto and Aluminum Corporation of China Limited (Chalco) have entered into a definitive agreement to acquire Votorantim's 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA) for approximately $902.6 million, through a joint venture owned 33% by Rio Tinto and 67% by Chalco.
Rio Tinto and Aluminum Corporation of China Limited (Chalco) have entered into a definitive agreement to acquire Votorantim's 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA) through a joint venture owned 33% by Rio Tinto and 67% by Chalco, for approximately $902.6 million.