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Hydro bids for Rio Tinto's Icelandic aluminium plant

By:  
Creamer Media Social Media Editor & Senior Writer
 
ALUMINIUM
Norwegian aluminium company Norsk Hydro has made a binding offer to acquire diversified miner Rio Tinto's ISAL aluminium plant, in Iceland. The offer also includes Rio Tinto's 53% share in Dutch anode facility Aluchemie and 50% of its shares in Swedish aluminium fluoride plant Alufluor, for $345-million, subject to post-closing adjustments.
 
 
 
 
 

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