Alcoa finalizes acquisition deal with Alumina Limited to strengthen global presence
Acquiring Company
Alcoa
Acquired Company
Alumina Limited
Pittsburgh
SouthbankMiningManufacturingMiningPrecious MetalsMineralDescription
Alcoa, a global leader in bauxite, alumina, and aluminum production, has announced the acquisition of Alumina Limited, a leading Australian company engaged in alumina refining and bauxite mining. The acquisition is expected to create enhanced opportunities for value creation, strengthen Alcoa's position as one of the world’s largest bauxite and alumina producers, and provide Alumina Limited shareholders the opportunity to participate in a stronger, better-capitalized combined company with upside potential. The transaction is subject to customary conditions, approval by the shareholders, and receipt of required regulatory approvals, with an expected completion in the third quarter of 2024.
Quick answer
Alcoa is acquiring Alumina Limited, announced March 11, 2024. Alcoa is based in Pittsburgh, Pennsylvania, United States.
- How much did Alcoa pay for Alumina Limited?
- The deal value was not disclosed.
- What does Alcoa do?
- Alcoa Corp. is a global industry leader in bauxite, alumina, and aluminum products with a vision to reinvent the aluminum industry for a sustainable future.
- Where are Alcoa and Alumina Limited based?
- Alcoa is based in Pittsburgh, Pennsylvania, United States. Alumina Limited is based in Southbank, Victoria, Australia.
- Who are the decision-makers at Alcoa?
- Fundz holds 1 contact at Alcoa. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Mining and Mining
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Reliance Steel & Aluminum Co. Acquires Cooksey Iron & Metal Co., Inc. (February 2, 2024)
- Ducab Metals Business acquires GIC Magnet to expand product portfolio and global market presence (April 21, 2024)
- Nippon Steel Corp. to acquire United States Steel Corp. to strengthen US steel industry (March 31, 2024)
- TomaGold Corporation extends East Block acquisition term with Chibougamau Independent Mines Inc. (April 12, 2024)
- Star Diamond Corporation to acquire 100% interest in Star – Orion South Diamond Project from RTEC (March 26, 2024)
- Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction (February 25, 2024)
Who to call at Alcoa, and when
When Alcoa changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Alcoa raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alcoa, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Alcoa. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Alcoa makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Alumina Limited?
Alumina Limited was acquired by Alcoa, based in Pittsburgh. The deal was reported on March 11, 2024. Alcoa Corp. is a global industry leader in bauxite, alumina, and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. Alcoa is publicly traded (AA) and operates in Mining.
When did Alcoa acquire Alumina Limited?
Alcoa's acquisition of Alumina Limited was reported on March 11, 2024. Alcoa, a global leader in bauxite, alumina, and aluminum production, has announced the acquisition of Alumina Limited, a leading Australian company engaged in alumina refining and bauxite mining. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Alumina Limited do?
Alumina Limited is a leading Australian resource company specializing in bauxite mining, alumina refining, and selected aluminum smelting operations with interests in key aluminum regions worldwide. It is privately held, operating in Manufacturing, and is based in Southbank.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.