Alba to acquire EU's largest aluminum smelter for $2.2B

Key facts

• Alba intends to acquire the EU's largest aluminum smelter.
• The acquisition price is $2.2 billion.
• The deal aims to expand Alba's operational footprint and market presence in the EU.

Alba's planned acquisition of Aluminium Dunkerque, the largest aluminum smelter in the EU, signifies a major move in the European metals market. The substantial deal value underscores the strategic importance of primary aluminum production capacity within the region.