Business
Rio Tinto strengthens its global low-carbon aluminium footprint through joint acquisition with Chalco of Votorantim's interest in CBA
SÃO PAULO, Brazil, January 30, 2026--Rio Tinto and Aluminum Corporation of China Limited (Chalco) have entered into a definitive agreement with Votorantim (the "Transaction Agreement") to acquire, through a joint venture to be owned 33% by Rio Tinto and 67% by Chalco (the "Joint Venture"), Votorantim’s 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA) (the "Transaction"). The Transaction, at an all cash consideration of R$10.50 per share in CBA, represents a premium of a
About this update from Rio Tinto Plc
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