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South32 Schedules October Vote on Alcoa Aluminium Asset Sale

South32 set an Oct. 15 annual meeting for shareholders to approve the divestiture of its aluminium value chain — excluding Mozal — to Alcoa.

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Lucas Ferreira · Deals & Startups Desk · 19 Sept 2026 · 11:49 · 1 min read
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South32 Schedules October Vote on Alcoa Aluminium Asset Sale

South32 Ltd has set Oct. 15, 2026 as the date for its annual general meeting, where shareholders will vote on a resolution to approve the proposed sale of its aluminium value chain assets to Alcoa Corp, excluding the Mozal Aluminium operation.

The transaction was first announced on July 1, 2026. On Wednesday, Alcoa released its registration statement on Form S-4 to the Australian Securities Exchange, after filing with the U.S. Securities and Exchange Commission.

In accompanying materials, South32 issued a Notice of Annual General Meeting and a Proxy Form that includes a Transaction Explanatory Memorandum outlining the terms, benefits and risks of the disposal. The package is supported by an Independent Expert’s Report prepared by Grant Samuel & Associates Pty Ltd.

South32 said it does not accept responsibility for the accuracy or completeness of Alcoa’s Form S-4, apart from information relating to South32 that the company itself supplied. Copies of the SEC filing will be distributed to South32 shareholders.

The annual general meeting will be held as a hybrid event at the Perth Convention and Exhibition Centre in Western Australia, allowing shareholders to attend either in person or online. Meeting materials are available on South32’s website and will be submitted to the National Storage Mechanism, with hard copies sent to shareholders according to their communication preferences.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Lucas Ferreira
Deals & Startups Desk

Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.

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