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Event Brief

Alcoa to buy South32 alumina and bauxite assets for $4.8bn

Alcoa agreed a $4.8bn deal to expand its alumina and bauxite assets from South32.
WHO: Alcoa
WHAT: Agreed a $4.8bn deal for South32’s alumina and bauxite assets
WHEN: Jun 30, 2026 at 6:23 PM ET
WHERE: Location not specified
WHY: Disruptions in the Middle East have pushed up grey metal prices.

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