Novelis Sells Aleris’ Belgium Plant But Yet To Receive Full Payment
A worker prepares a crucible of molten aluminum by scrapping off the slag layer in the foundry at a smelter. (Photographer: Andrey Rudakov/Bloomberg)

Novelis Sells Aleris’ Belgium Plant But Yet To Receive Full Payment

Novelis Corp. has sold Aleris Corp.’s aluminium production plant in Duffel, Belgium, to Alvance, to fulfil a key condition set for the $2.8-billion takeover of the global supplier of the metal by H...
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