Alcoa buys Alumina Ltd, takes over bauxite and aluminium assets
Alcoa Corporation has announced the completion of its acquisition of Alumina Limited, taking control of the AWAC joint venture whose assets comprise bauxite mines and alumina and aluminium refineries in Australia, Brazil, Spain, Saudi Arabia and Guinea. The takeover increases Alcoa’s economic interest in its core business and simplifys governance by acquiring the minority partner…
