Rio Tinto and Aluminum Corporation of China Limited (Chalco) entered into a definitive agreement to jointly acquire Votorantim’s 68.596% controlling share of Companhia Brasileira de Alumínio (CBA). Under the agreement, Rio Tinto will own 33% of shares and Chalco will own 67%. “This acquisition, jointly with Chalco, of Votorantim’s controlling position in CBA’s fully integrated […]
The International Aluminium Institute (IAI) reported on the progress of its Aluminium Industry Greenhouse Gas Initiative, which was launched at COP28 in December 2023. The initiative tracks and publicly reports the greenhouse gas reduction ambitions and progress of IAI member companies, encouraging further steps in the sector’s efforts to address climate change. The initiative is backed […]
