Alcoa Buys Aluminium Assets – Hyperlocal Loop

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Alcoa Buys Aluminium Assets

OBBM Network Editorial Staff

June 30, 2026

Alcoa Buys Aluminium Assets

Alcoa has agreed to buy most of South32’s aluminium assets for an implied enterprise value of up to $5.6 billion.

The acquisition includes South32’s interests in Australia’s Worsley Alumina, South Africa’s Hillside Aluminium, Brazil’s MRN bauxite mine, Brazil Alumina refinery, and Brazil Aluminium smelter.

Alcoa will also take over related rehabilitation provisions of around $1.2 billion for the projects.

Expected Outcomes

The transaction is expected to complete in the second half of 2027 and generate synergies of around $900 million in net present value through operational optimization across complementary assets.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

[email protected]

Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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