The Pittsburgh-based metals producer would become the world’s largest bauxite miner as part of the acquisition and establish an operational foothold in South Africa.
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The Pittsburgh-based metals producer would become the world’s largest bauxite miner as part of the acquisition and establish an operational foothold in South Africa.
Published July 6, 2026
South32's Worsley bauxite and alumina refinery operation in Western Australia. Pittsburgh-base Alcoa is purchasing the asset as part of an acquisition valued at $5.6 billion. Meanwhile, South32 is looking to exit the industry to focus more on copper and critical minerals.
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The move is set to solidify Alcoa’s position as a leading pure-play upstream aluminum company with an expanded portfolio of…
With the acquisition of South32’s aluminium assets, Alcoa will surpass Rio Tinto to become the world's largest bauxite mining…
American mining giant Alcoa is set to buy $8 billion worth of assets from Australia's South32.
US aluminium giant Alcoa has agreed to buy South32’s bauxite, alumina and aluminium business in a deal worth up to $5
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Alcoa Announces Strategic Acquisition of South32’s Bauxite, Alumina, and Aluminum Assets for $4.1 billion
