Aluminium Dunkerque

Aluminium Dunkerque Signs Several New Deals With Glencore

Aluminium Dunkerque Signs Several New Deals With Glencore

Europe’s largest aluminium smelter has agreed to buy feedstock alumina from Anglo-Swiss metals miner Glencore plc, widening its supply pipeline from its original alumina supplier Trafigura. Aluminium Dunkerque also signed a new deal to sell primary aluminium to Glencore, which it has...

Events

GFG Promises Legal Action Against AIP To Regain Dunkirk Aluminium Smelter

GFG Group pledged on Tuesday to fight back against an ownership transfer of Dunkirk aluminium smelter to American Industrial Partners (AIP) that occurred last week due to GFG Group’s default on a loan to AIP. GFG said in a statement that it will pursue legal avenues against AIP’s transfer, accusing it of acting in bad […]

Sanjeev Gupta Loses Dunkirk Aluminium Smelter To AIP

The largest aluminium smelter in Europe is now owned by American Industrial Partners after the firm bought the asset from struggling Sanjeev Gupta’s GFG Alliance last week. In a statement released to the media, AIP said it gained title to the plant after foreclosing on shares pledged by GFG Alliance to AIP in a mezzanine-financing […]

GFG Alliance In Talks With Glencore Over Refinancing Aluminium Assets’ Debt

The struggle to keep Gupta Family Group Alliance’s assets funded continued last week as its head Sanjeev Gupta continued talks with Glencore plc to refinance the debt of GFG Alliance’s aluminium assets in Europe. Sources told AlCircle over the weekend that Glencore is in talks with GFG Alliance to refinance its over US$500 million in […]