GFG Alliance

GFG To Double Lochaber Smelter’s Capacity With Addition Of Aluminium Recycling Plant

GFG To Double Lochaber Smelter’s Capacity With Addition Of Aluminium Recycling Plant

Sanjeev Gupta’s GFG Alliance said last week it is preparing to invest £94 million in the construction of a new aluminium recycling facility in Scotland at its existing aluminium smelter at Lochaber. Local media said the investment would also include a doubling...

GFG Optimistic On San Ciprian’s Future, Alcoa Not So Much As Deadline Nears

The GFG Alliance and Alcoa are continuing talks over the fate of their aluminium smelter in San Ciprian, Spain, and an official from GFG remains highly optimistic that a long-term solution for the plant’s viability is within reach. GFG Alliance’s Chief Investment Officer Jay Hambro said in an interview with S & P Global Platts […]

GFG Alliance Groups Aluminium Assets Into Paris-Based Firm ALVANCE

Sanjeev Gupta’s GFG Alliance announced on Monday its decision to gather its aluminium assets into one Paris-based firm named ALVANCE Aluminium Group (ALVANCE). The announcement by the privately-held metals conglomerate is following through on an announcement it made last fall that its steel assets would soon be merged in anticipation of a listing on a […]

Novelis Receives Final Regulatory Approval For Aleris Purchase From Chinese Regulators

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Friday the receipt of approval from China’s State Administration for Market Regulation (SAMR) for its US$2.6 billion buy-out of Aleris Corporation. Per the firm, this is the final approval required for the purchase, as it has already received a sign-off on the transaction from the […]

GFG Alliance Inks Deal To Buy Duffel Aluminium From Novelis

Sanjeev Gupta’s GFG Alliance said yesterday it has agreed to buy Novelis’s Duffel BVBA aluminium plant in Belgium for an undisclosed sum. Yesterday’s purchase of the Belgian mill is the latest in a series of aluminium and steel purchases by GFG in recent months and years. The firm purchased Europe’s biggest aluminium smelter in Dunkirk, […]