Rio Tinto completes Dunkirk smelter sale
(Posted on 19/12/18)
Rio Tinto has completed the sale of its aluminium smelter at Dunkirk, France, to Liberty House for $500 million. Liberty House, which is part of the GFG Alliance (Gupta Family Group), has committed to continuing operations at the smelter and has announced plans for the development of additional activity around the site. As previously announced, the proceeds will be returned to shareholders, with the precise timing and form to be announced with Rio Tinto’s 2018 full year results. Rio Tinto estimates that there will be no material tax payable on this transaction.
Rio Tinto is a global leader in aluminium, one of the world’s most widely used metals. Active in the sector for more than 110 years, today they operate:
- large-scale, high-quality bauxite mines and alumina refineries
- the world’s most modern and competitive aluminium smelters portfolio
Rio Tinto’s industry leadership includes benchmark smelting technology and enviable hydropower position, key strengths in today’s carbon-constrained world.
Latest News
SSAB delivers decarbonised steel to Vattenfall’s solar park project in Germany
(Posted on 29/05/26)SSAB is supplying decarbonised steel to Vattenfall for the construction of the ground-mounted solar... Read more
NGFA statement on STB’s decision to conditionally accept rail merger application
(Posted on 29/05/26)In accordance with the Surface Transportation Board’s merger rules, the Board has conditionally... Read more
EU feed production market forecast highlights continued stability
(Posted on 25/05/26)FEFAC market experts are forecasting continued stability in the EU compound feed production market for... Read more
Fertilizer Action Plan: recognition must now translate into delivery
(Posted on 22/05/26)Fertilizers Europe has acknowledged the European Commission’s Fertilizer Action Plan, which recognises... Read more
Tripartite MOU to establish direct U.S.–DRC cobalt supply chain
(Posted on 14/05/26)Entreprise Générale du Cobalt, EVelution Energy LLC and Trafigura Pte Ltd. has announced... Read more
Commissioning of Oxelösund electric arc furnace delayed due to permitting
(Posted on 14/05/26)SSAB’s conversion of the mill in Oxelösund to fossil-free production is being delayed due... Read more
YEC agreement supports decarbonisation of Rio Tinto’s Pilbara iron ore operations
(Posted on 11/05/26)Yindjibarndi Energy Corporation (YEC), one of Australia’s largest Indigenous-led renewable energy... Read more
ASA Vice President urges caution in USTR Section 301 investigation
(Posted on 11/05/26)Soybean farmers are already facing significant economic headwinds and new trade actions could add further... Read more
ADM investment to upgrade Clinton, Iowa, corn processing facility
(Posted on 11/05/26)ADM, a global leader in innovative solutions from nature, has announced a multimillion-dollar investment... Read more
JV in Bayuquan, China to strengthen global raw material supply chains
(Posted on 04/05/26)CREMER ERZKONTOR GmbH has announced the official opening of its joint venture, CREMER (Yingkou) Supply... Read more
