Top US aluminum producer Alcoa Corp beat Wall Street estimates for quarterly profit on Wednesday, buoyed by strength in its alumina segment, but shares slipped after the company did not provide a closely watched profit measure for the full year.
The c…
Alcoa beats profit estimates on strength in alumina segment Read More »
Apollo Global Management LLC is in talks to buy Arconic Inc. for about $22 a share in a deal that could be reached by mid-January, according to people familiar with the matter.
The private equity firm and aerospace manufacturer are negotiating a trans…
Apollo Global is said to aim for Arconic deal by mid-January Read More »
Alcoa will further curtail production at a Canadian smelter as the biggest US aluminum producer faces a shortage of workers amid a dispute with unionised workers and the impact of US tariffs on shipments of the metal.
The Pittsburgh-based company said…
Alcoa cuts more aluminum output in Quebec as labour dispute bites Read More »
Diversified major Rio Tinto has completed the sale of its aluminium smelter at Dunkerque, France, to Liberty House for $500-million.
Liberty House, which is part of the GFG Alliance (Gupta Family Group), has committed to continuing operations at the s…
Rio Tinto wraps up $500m sale of French smelter Read More »
Indian State-run National Aluminium Company (Nalco) has lined up $3.52-billion investments on brownfield expansion and another estimated $2.81-billion on greenfield projects over the next few years.
According to Nalco chairperson, T K Chand, the compa…
India’s Nalco lines up $6.33bn expansion projects Read More »
