Brazilian Aluminum Giant CBA Exits World’s Largest Alumina Refinery

In a significant move, Companhia Brasileira de Alumínio (CBA) has agreed to sell its entire 3.03% stake in Alunorte. The transaction, valued at R$ 236.8 million ($41.5 million), marks a strategic shift for the Brazilian aluminum producer. CBA will transfer its minority shareholding to a Glencore PLC subsidiary, reshaping its business focus. The deal aligns […]