Alcoa's planned $4.1 billion acquisition of South32's bauxite, alumina, and aluminum assets are expected to generate synergies of $900 million as it optimizes operations, strengthening Alcoa's ability to serve customers at scale. The deal brings together the Boddington bauxite mine and Worsley alumina refinery in Western Australia with Alcoa's existing regional operations. Alcoa says the combined portfolio will reduce complexity and lower costs.
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