智通财经网·2026-01-30 00:15Core Viewpoint - China Aluminum (601600.SH) announced a joint venture with Rio Tinto International Holdings Limited to acquire a 68.596% stake in Companhia Brasileira de Alumínio S.A. for approximately 4.689 billion Brazilian Reais, equivalent to about 6.286 billion RMB, which aligns with the company's strategy to optimize its global industrial layout [1][2]. Group 1: Acquisition Details - The acquisition involves purchasing 446.6 million shares of Companhia Brasileira de Alumínio S.A. from Votorantim S.A. [1] - The total transaction price is approximately 46.89 billion Brazilian Reais, with the company responsible for about 31.42 billion Brazilian Reais [1]. Group 2: Company and Industry Significance - The acquisition is significant for the company as it aims to leverage its leading technology and management in the aluminum industry, while also utilizing Rio Tinto's strengths in sustainable development and international operations [2]. - Companhia Brasileira de Alumínio S.A. operates three bauxite mines with an annual production of about 2 million tons, and has an alumina capacity of 800,000 tons per year, contributing over one-third of Brazil's aluminum market [2]. - The company also controls or holds stakes in 21 hydropower plants and 4 wind farms, with a total installed capacity of 1.6 gigawatts, all of which are renewable energy sources [2]. - The acquisition will enhance the company's ESG governance and help it integrate into the global market, improving its global supply chain configuration and international operational capabilities [2].