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South32 Alcoa Sale Skips Mozambique Smelter

Summary by The Rio Times
South32 shareholders approved a deal worth up to US$5.6 billion to sell aluminium assets to Alcoa on 15 October 2026. Mozal is not included.

2 Articles

South32 approved the sale of the aluminum value chain assets to Alcoa Corporation for up to €4.8 billion, keeping Mozal's foundry out of business.

·Portugal
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Noticias ao Minuto broke the news in Portugal on Friday, October 23, 2026.
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