Alcoa in deal to buy AWAC JV partner Alumina Limited in tightening raw materials market

Alcoa has entered into a deal to buy Alumina Limited, its partner in the Alcoa World Alumina and Chemicals (AWAC) venture, consolidating and expanding the United States-based aluminium producer’s ownership of bauxite and alumina operations at a time of increasing costs and competition for raw materials.

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Published

Andrea Hotter

February 26, 2024

03:15 GMT

New York