Sanjeev Gupta

Alvance Looking For Raw Materials And Value Added Components In Quest For Vertical Integration

Alvance Looking For Raw Materials And Value Added Components In Quest For Vertical Integration

British commodities maven Sanjeev Gupta is shopping around for new components for its aluminium business Alvance, which it hopes to see triple production and become a fully vertically-integrated aluminium production firm. According to comments made yesterday by CEO Arnaud de Weert at...

Events

Liberty House To Expand Footprint In Mideast With UAE Purchase In 2019

A company official says Liberty House Group has its sights set on aluminium and steel assets in the United Arab Emirates in an effort at expanding its footprint in the Middle East. Liberty House Industries CEO Douglas Dawson explained to a UAE newspaper over the weekend that the move into the Middle East is imminent, […]

Liberty House Secures Funding For Purchase Of Aluminium Dunkerque From Rio Tinto

A financing deal between steel tycoon Sanjeev Gupta’s GFG Alliance and various lending institutions has been struck for the purchase of Rio Tinto Group’s Dunkirk smelter in France. In a press statement, GFG announced the arrangement, which was negotiated on standard terms and provides for five-year committed funds. The total amount financed was not disclosed. […]

Liberty House Mulling Offer for Rio’s Dunkirk Aluminium Smelter

According to multiple sources claiming direct knowledge of the matter, London-based industrial and commodities firm Liberty House Group is weighing the possibility of tendering an offer for Rio Tinto Group’s smelter in northern France. A trio of sources told Reuters earlier this week that Sanjeev Gupta’s venture expressed interest in the Dunkirk plant, which is […]

Rio Tinto on Verge of Selling Pacific Aluminium to GFG Alliance

Anglo-Australian mining giant Rio Tinto Group is reportedly in talks with Sanjeev Gupta’s Gupta Family Group (GFG) Alliance for the sale of Rio’s aluminium operations in Australia and New Zealand. A report by the Financial Times indicates that sources tell them that Gupta is flying to Australia to participate in discussions regarding Pacific Aluminium (PacAl) […]