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Rio Tinto completes acquisition of Sumitomo’s stake in New Zealand’s aluminium smelter

PUBLIC · RIONov 01, 2024

Acquiring Company

Rio Tinto

Acquired Company

Sumitomo Chemical Company

LondonKobeManufacturingMiningMineralMining TechnologyData MiningManufacturingBiotechnologyEnergyAgriculture and Farming

Description

Rio Tinto has completed the acquisition of Sumitomo Chemical Company’s stake in New Zealand Aluminium Smelters (NZAS) and Boyne Smelters Limited (BSL), consolidating its ownership and reinforcing its long-term commitment to New Zealand's aluminium industry.

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Company Information

Company

Rio Tinto

Location

London, England, United Kingdom

About

Rio Tinto Limited is a leading global mining and metals company, producing materials essential for human progress. The company is committed to sustainable and responsible mining practices.

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Frequently asked

Who acquired Sumitomo Chemical Company?

Sumitomo Chemical Company was acquired by Rio Tinto, based in London. The deal was reported on November 1, 2024. Rio Tinto Limited is a leading global mining and metals company, producing materials essential for human progress. The company is committed to sustainable and responsible mining practices. Rio Tinto is publicly traded (RIO) and operates in Manufacturing.

When did Rio Tinto acquire Sumitomo Chemical Company?

Rio Tinto's acquisition of Sumitomo Chemical Company was reported on November 1, 2024. Rio Tinto has completed the acquisition of Sumitomo Chemical Company’s stake in New Zealand Aluminium Smelters (NZAS) and Boyne Smelters Limited (BSL), consolidating its ownership and reinforcing its long-term commitment to New Zealand's aluminium industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sumitomo Chemical Company do?

Sumitomo Chemical Company is a diversified chemical company offering products in the fields of petrochemicals, energy and functional materials, health and crop science, etc. It is privately held, operating in Manufacturing, and is based in Kobe.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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