Alcoa agrees to buy South32 bauxite, alumina and aluminum assets for USD 4.1 billion

Alcoa Corporation

Alcoa Corporation

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  • Alcoa agreed to buy South32’s bauxite, alumina, and aluminum assets for upfront consideration of USD 4.1 billion in cash and stock.
  • Payment includes USD 3.1 billion cash, 17,000,000 newly issued Alcoa shares valued at about USD 1 billion, representing about 6% post-issuance.
  • Deal implies an enterprise value of about USD 4.7 billion including net debt, with a contingent value right of up to USD 750 million from July 1, 2026.
  • Assets span Western Australia, Brazil, and South Africa; Mozal smelter in Mozambique is excluded.
  • Closing is targeted for the first half of 2027, subject to South32 shareholder and regulatory approvals and other customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alcoa Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260630383627) on June 30, 2026, and is solely responsible for the information contained therein.