aluminum – News Stories About aluminum - Page 2

Gene Tweak Could
Grow Crops in Toxic Soil

Oct 3, 2008 10:35 AM CDT

Gene Tweak Could Grow Crops in Toxic Soil

(Newser) - Scientists have made a breakthrough that could dramatically boost the world's food production by making more land farmable, Wired reports. A slight change to a single gene allows plants to thrive in earth made toxic by aluminum, which currently renders nearly half of the world's soil useless for growing crops....

Bahrain Arm Accuses Alcoa of Corruption

Feb 28, 2008 10:47 AM CST

Bahrain Arm Accuses Alcoa of Corruption

US aluminum giant bribed, defrauded, and overcharged, lawsuit alleges

(Newser) - A company controlled by Bahrain's government has filed a lawsuit in US federal court accusing metals giant Alcoa of a host of shady business practices, the Wall Street Journal reports. Pittsburgh-based Alcoa, one of the world's biggest aluminum companies, systematically overcharged Bahrain Aluminum for raw materials and funneled money to...

Rio Tinto Rejects $147B BHP Bid

UPDATED

Feb 6, 2008 11:24 AM CST

Rio Tinto Rejects $147B BHP Bid

Mining giant holds out for an even better offer from rival

(Newser) - Rio Tinto today rejected a $147.4B bid from rival mining giant BHP Billiton, the Wall Street Journal reports. Although the bid would have been one of the largest takeovers ever, Rio is holding out for a sweeter deal. "BHP Billiton's offers, while improved, still fail to recognize the...

Alcan Steels Itself Against Alcoa Bid

May 22, 2007 6:17 PM CDT

Alcan Steels Itself Against Alcoa Bid

Canadian aluminum producer rejects US rival, says it will seek other offers

(Newser) - Canadian aluminum maker Alcan has rejected the $24.7-billion bid from rival Alcoa that would have been the biggest takeover in the metals industry, and signalled its intention to look elsewhere. Alcoa’s $74.60-per-share bid was inadequate, Alcan’s CEO said today, reigniting rumors that both companies may be...

Aluminum Giant Makes Play for Rival

May 7, 2007 1:44 PM CDT

Aluminum Giant Makes Play for Rival

Alcoa's $26.9 hostile takeover bid for Alcan comes after years of merger talks

(Newser) - Aluminum titan Alcoa is hoping to get its largest rival, Alcan, to melt under a hostile takeover bid, after merger talks between the two companies collapsed. Alcoa, the world's largest aluminum company, has offered $26.9 billion for its Canadian competitor in an effort to beat out the emerging market...