Overview

• Reuters reports EGA is evaluating a potential purchase of Companhia Brasileira de Alumínio, citing two unnamed sources.
• Reuters has not determined whether any formal offer has been made for the Brazilian aluminium group.
• CBA operates a vertically integrated, low‑carbon aluminium business across seven Brazilian states, spanning bauxite mining to product fabrication.
• Votorantim holds a 69% stake in CBA and LSEG data put the company's market capitalization at about US$487 million at Monday's close.
• EGA said it continually reviews growth opportunities but does not comment on market speculation, while CBA, Votorantim and Morgan Stanley declined to comment.