Friday, July 13, 2007

Rio's Alcan deal spotlights alumina, bauxite

(Reuters) - Rio's recommended offer for Alcan, which immediately
eliminated a lower one by arch-rival Alcoa Inc. will make Rio
the world's largest aluminum maker.




With a combined smelting capacity approaching 4.4 million
tons -- out of a projected 37 million tons to be consumed
worldwide this year, Rio will easily eclipse other sector
giants United Company Rusal, Aluminum Corp. of China and Alcoa
in size.


Read more at Reuters.com Business News

No comments: