Alcoa to buy South32's WA bauxite mine in $8b deal
Alcoa has agreed to acquire South32's bauxite and alumina assets for $8 billion, with the deal expected to close by June 2027 pending shareholder approval. The acquisition includes a major bauxite mine near Boddington, Western Australia, and is aimed at enhancing Alcoa's position as a pure-play upstream aluminium company.
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Published 01 Jul 2026, 01:08 UTC · Updated 01 Jul 2026, 01:20 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
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