ALCAN (AL)

SUMMARY

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DATA CENTRAL

Day
52 Wk

Rio Tinto may split up Alcan units for sale: CFO

Reuters Apr 15

Miner Rio Tinto may offer to sell the packaging and engineering units of its aluminum division in smaller parts to attract buyers, its chief financial officer said on Wednesday.

Cuts Forecast at Rio Smelters

Wall Street Journal Apr 8

Rio Tinto is likely to announce further production cutbacks in its aluminum division unless prices for the metal recover. The cuts will likely be made at smelters acquired with the 2007 purchase of Alcan.

Rio's Cry for Help

Wall Street Journal Feb 2

Saudi Arabia’s Maaden to Raise $2.5B in July IPO

tradeflow21.com May 13

Saudi Arabia's state-owned Mining Co, Maaden, is eying a 9.25 billion riyals ($2.47b) IPO in July, according to the Saudi exchange. Maaden has an existing aluminum venture with Rio Tinto Alcan (NYSE: RTP; formed prior to Rio's acquisition of Alcan...

Rio Tinto Gets Canadian Clearance, $40 Billion in Loans for Alcan

Money Morning Aug 31

From Staff Reports Worldwide mining giant Rio Tinto PLC (RTP) said yesterday (Thursday) that the Canadian government has signed off on its $38 billion purchase of Alcan Inc. (AL), noting that the deal raises no anticompetitive issues. The...

Alcoa-Alcan: Is Bigger Better?

Hard Assets Investor May 8

After two years of discussing how they can work together, Alcoa has said it will now make a hostile bid for Alcan. The resulting company would once again be the world's number one producer of aluminum and bring forth great economies of scale...

Ethics in Action

Canadian Business Blog Nov 30

My colleague Ron Nielsen, who is Director, Sustainability and Strategic Partnerships at Alcan, asked me something earlier this week that really stuck with me. He wondered whether our consulting agreements contain an “ethics clause” that...

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