These are good times to be in aluminium. Its price performance in the current commodities boom may not have been as dramatic as that of copper, but the metal has provided the mining sector with some of its biggest takeover deals.
In April, Rusal of Russia completed the takeover of its smaller compatriot, Sual, and the aluminium assets of Glencore, the Swiss commodities trader, creating a company estimated to be worth in the region of $30bn.
