Trimet inks binding offer for Rio’s French plants

Jul 15, 2013 | 10:20 AM | Claire Hack

Tags  Rio Tinto Alcan, Trimet Aluminium, French plants, aluminum, Heinz-Peter Schluter, Claire Hack

LONDON — Trimet Aluminium AG has submitted a binding offer to purchase two production plants from Rio Tinto Alcan Inc. in France, the German aluminum company said July 15.

The purchase price for the two aluminum facilities, located in Saint-Jean-de-Maurienne and Castelsarrasin, was not disclosed. The acquisitions will expand Trimet’s portfolio of specialized light metal products and secure the long-term supply of aluminum oxide and electricity.....

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