The sale of South32’s aluminium and alumina assets to Alcoa has more bells and whistles than any M&A deal we’ve seen.

Alcoa Announces Strategic Acquisition of South32’s Bauxite, Alumina, and Aluminum Assets for $4.1 billion

Graham Kerr’s final act as chief will see US giant Alcoa buy the miner’s Australian and Brazilian aluminium assets.

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The Hillside smelter is the only primary aluminium smelter in SA