Tag: bauxite

• Monday, May 3rd 2010 - 03:09 UTC

  Norway Takes Over Aluminium Business and Bauxite Deposits in Brazil

  

  Norway’s Norsk Hydro ASA (OSL: NHY), Europe’s third largest aluminum maker, agreed to buy mining and smelting assets from Vale (NYSE: VALE) in a deal valued at 4.9 billion US dollars, boosting its control over raw materials used in production.