Alcoa Bets on Aluminum Boom With $5.6 Billion South32 Deal

Alcoa Bets on Aluminum Boom With $5.6 Billion South32 Deal

Alcoa Corp. has agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion, cementing its position as a top producer as long-term demand strengthens and the Iran war exposes supply concerns.

Alcoa Corp. has agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion, cementing its position as a top producer as long-term demand strengthens and the Iran war exposes supply concerns.
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Bloomberg — Markets (EN)




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