Klesch eyes Alcoa’s Portovesme site

Sep 11, 2012 | 02:51 PM | Suzy Waite

Tags  Klesch Group, Alcoa, Glencore, Portovesme, aluminum, London Metal Exchange, Suzy Waite

NEW YORK — Geneva-based commodities investor Klesch Group has confirmed its interest in purchasing Alcoa Inc.’s Portovesme smelter.

A Klesch spokeswoman told AMM the company has "submitted an expression of interest" for Alcoa’s 150,000-tonne-per-year smelter on the Italian island of Sardinia but declined to comment further.

Klesch owns BaseMet BV, which operates one aluminum smelter in the Netherlands. It closed its smelter in New Zealand in January (amm.com, Jan. 5) and one in Germany in May (amm.com, May 8).....

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