Rio Tinto Alcan

Is Rio Tinto’s ISAL smelter a bargain or a smart investment?

Is Rio Tinto’s ISAL smelter a bargain or a smart investment?

At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A...

Events

Rio Tinto Pondering Placement of Pacific Aluminium on Australia’s Stock Exchange

Rumors have surfaced in Australian media outlets that Anglo-Australian mining titan Rio Tinto Group is weighing listing Pacific Aluminium on the country’s securities exchange in the near future. According to a column published in The Australian Financial Review earlier today, Rio Tinto is exploring a full or partial listing on the Australian Securities Exchange (ASX) […]

Sohar Aluminium Returns to Full Production After Unexpected August Shutdown

Oman’s Sohar Aluminium announced yesterday that it has returned to full production following a power disruption that led to a total shutdown and damage to its potline last summer. Crediting the plant’s “all-inclusive teamwork,” Sohar said the entirety of the plant’s workforce collaborated to bring the potline back online quickly and safely. The quick turnaround […]

The Dunkerque Smelter: Is Rio Tinto Wrong Again?

Reports that Rio Tinto agreed to sell the Dunkerque plant, the largest aluminium smelter in Europe, located in northern France, confirms the London-based company’s willingness to offload parts of its aluminium business. The deal was agreed with Liberty House, an industrial arm of British billionaire industrialist Sanjeev Gupta. Rio Tinto said in a statement that […]

Breakdown in Labor Negotiations Leads to Lockout at Québec Aluminium Smelter ABI

Two potlines at Aluminerie de Bécancour Inc. (ABI) in Québec now stand idle after an impasse in labor negotiations motivated the plant’s management to lock out its union workforce. According to a union source quoted by Platts, “there is electricity in the plant but no production” at the 450-thousand-metric-ton-per-annum smelter. The plant’s co-owner Alcoa Corporation […]

Rio Tinto Weighing Sale of French Aluminium Smelter

The resurgence of aluminium’s prices has prompted Anglo-Australian metals behemoth Rio Tinto Group to consider the sale of its 20-thousand-metric-ton-per-annum smelter in Dunkerque, France. According to a story that ran in The Australian this morning, Jean-Sebastien Jacques has been considering the sale of non-hydroelectric-powered aluminium assets, most of which the company acquired in its purchase […]