Alcoa declared Alcoa World Alumina LLC has completed its previously announced transaction to acquire BHP Billiton’s bauxite and alumina refining interests in Suriname. Terms are not disclosed. For full story, click here
Aluminum producer Alcoa declared that it has closed a deal to purchase Australia-based BHP Billiton’s bauxite and alumina refining operations in Suriname. For full story, click here
Aluminum stockpiles have risen consistently this year amid the downturn in the auto sector; however recent evidence that the economy is improving combined with confidence in Chinese purchases have lifted aluminum demand.
Hulamin Ltd., Africa’s largest aluminum processor, reported that the company is in talks with BHP Billiton Ltd. that may affect its share price. For full story, click here
BHP Billiton Ltd., Africa’s largest aluminum producer, declared its Bayside smelter in South Africa may be unviable financially because of weaker domestic demand. For full story, click here
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