Rio Tinto Alcan Company Description
Its can-do attitude has helped make Rio Tinto Alcan the world's largest aluminum producer, ahead of Russia's RUSAL and the US's Alcoa. The company participates in all facets of aluminum production, mining bauxite, refining alumina, and making aluminum sheet, foil, wire and cable, and extrusions (doors, windows, auto parts). Rio Tinto Alcan also generates hydroelectric power and makes specialty chemicals and packaging products. This decade has proved busy for the company. It bought Algroup in 2000 and Pechiney in 2003, spun off its rolled products unit into Novelis in 2005, received a hostile takeover offer from Alcoa for $33 billion in 2007, and then agreed to be become a part of Rio Tinto for $38 billion.
View the Comprehensive Company Description for Rio Tinto Alcan
The Company Description provides a historical perspective of Rio Tinto Alcan's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Rio Tinto Alcan's evolution in the marketplace.
