Rio Tinto and Chalco acquire Votorantim’s majority stake in CBA for $902.6M, aiming to expand low-carbon aluminium business in Brazil.
On Thursday, Rio Tinto Plc (NYSE:RIO) , along with Aluminum Corporation of China Limited (Chalco), penned a deal with Votorantim to jointly acquire its 68.596% controlling stake in Companhia Brasileira de Alumínio (CBA).
The transaction values Votora… [1420 chars]
Source: Benzinga | Published: 2026-01-30T10:17:15Z
Credit: Benzinga
