Jul. 15, 2019 - On 27 June, Almatis reported the sale of 100% of its shares in Almatis Burnside to Arthur Metals. Almatis Burnside is an alumina manufacturer based in Louisiana, USA and will continue to supply Almatis, along with other customers, with premium-grade alumina.
Almatis expects little change over the coming months in the relations of the two companies. As well as supply to Almatis, the Burnside refinery supplies products directly to the specialty alumina and, sometimes, hydrate markets. The company is expected to change its name in due course following the acquisition.
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