Glencore pulls out of pursuit for Portovesme

Oct 01, 2012 | 02:08 PM | Suzy Waite

Tags  Glencore, Alcoa, Klesch, KiteGen Research, Portovesme, aluminum, smelter, London Metal Exchange Suzy Waite

NEW YORK — Glencore International Plc has removed itself from the running for Alcoa Inc.’s Portovesme smelter in Italy, a source familiar with the negotiations told AMM.

The Swiss commodities trading house showed interest in Alcoa’s 150,000-tonne-per-year smelter on the Italian island of Sardinia in January (amm.com, Jan. 24), and officials met in August to discuss the viability of the operation (amm.com, Aug. 31).....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events