Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminum smelters, entered into an exclusive agreement with AIP VII Europe S.a.r.l., a wholly-owned subsidiary of AIP Fund VII, managed by American Industrial Partners (AIP), under which Alba will acquire 100% of Aluminium Dunkerque, the European Union’s largest primary aluminum smelter. “Building on Alba’s position as […]
Rio Tinto, Trimet, and Aluminium Dunkerque are partnering with Fives Group on a consortium project to develop carbon capture solutions for the aluminum industry. Primary aluminum production accounts for 2% of global greenhouse gas emissions, which corresponds to an average of 16.1 t CO2/t Al being emitted globally (in France, the average is less than 5 […]
By Alton Tabereaux, Contributing Editor. The European primary aluminum industry has been deeply impacted by surging energy prices. This is due to a combination of factors, including increasing demand, skyrocketing natural gas prices, and insufficient quantities of affordable renewable (wind, solar, hydro) or nuclear energy. The invasion of Ukraine also significantly impacted supply chains, in […]
GFG Alliance (owned by Sanjeev Gupta) completed its purchase of Aluminium Dunkerque, Europe’s largest aluminum smelter, from Rio Tinto for around US$500 million. GFG aims to make the smelter – to be renamed Liberty Aluminium Dunkerque – a foundation for a wider integrated manufacturing business serving the French and European markets. The acquisition paves the way for a downstream […]
