WEEKLY UPDATE

Key transactions
&
industry news

RJM's weekly update covers key events in infrastructure, metals and mining, chemicals, energy, transportation and logistics, building materials, manufacturing, and other industrial sectors we serve. Read each week to stay informed.

07/10/2026

Pike Street Capital portfolio company, Superior Duct Fabrication announces the acquisition of Tru-Duct, Inc, a manufacturer and fabricator of sheet metal products specializing in the HVAC industry.

EGA to ramp up Al Taweelah alumina refinery to 50% of capacity within days.

—Plus 20 major M&A deals
and top news stories.
07/02/2026

Alcoa Corporation (NYSE:AA, ASX:AAI), the leading pure-play upstream aluminum company, entered into a definitive agreement to acquire South32 Limited’s (ASX:S32) bauxite mine, alumina refinery and aluminum smelter interests across Western Australia, Brazil and South Africa in a $4.1B transaction.

Adani and Abu Dhabi’s IHC sign MoU for $11.5B aluminum complex in Odisha.

—Plus 24 major M&A deals
and top news stories.
06/26/2026

Colorado-based Energy Fuels said it would acquire German magnet manufacturer Vacuumschmelze for about $1.9B in cash and stock, building an integrated supply chain from rare earth mine to finished magnet for defense, automotive and technology customers.

EU delays aluminum scrap export curbs till September: Will India seize the opportunity?

—Plus 28 major M&A deals
and top news stories.
06/19/2026

Bull Moose Tube Company, a leading manufacturer of steel pipe and tubing products and part of the Caparo family of companies, has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing, with Hanna to operate as a division of Bull Moose following close in early Q3 2026.

Earthquakes, low-cost competition bring debt, bankruptcy for Searles Valley Minerals.

—Plus 26 major M&A deals
and top news stories.
06/12/2026

NVRO Metals Limited (TSXV:NVRO), a clean technology company focused on the recovery of precious and critical metals from sulphidic feedstock including ores, concentrates, mine waste and tailings, is pleased to announce the proposed acquisition of Northern Territories Resources Pty Ltd.

Vietnam’s first aluminum smelter, Dak Nong, achieves first power delivery milestone.

—Plus 29 major M&A deals
and top news stories.
06/05/2026

Worthington Steel, Inc. (NYSE:WS) completed its voluntary public takeover offer for Kloeckner & Co SE (XTRA:KCO) at $12.76 per share in cash, securing approximately 62% of Kloeckner’s outstanding shares at an implied enterprise value of approximately $2.4B, creating the second⁠-⁠largest steel service center in North America with $9.5B of combined revenue and approximately $150M in anticipated annual synergies.

Cargill in talks to sell metals unit to Macquarie.

—Plus 29 major M&A deals
and top news stories.
05/29/2026

New Age Metals Inc. (TSX.V:NAM | OTCQB:NMTLF | FSE:P7J) has entered into an option agreement, after completing its due diligence, with arms⁠-⁠length party, Torr Resources Corp. to acquire up to a 100% interest in the Dash Lake Gold⁠-⁠Copper Project, which is directly contiguous with and expands the Company’s Double R Project located in the Kenora and Rainy River Districts of northwestern Ontario.

Rio Tinto considers reopening aluminum potline at NZAS.

—Plus 24 major M&A deals
and top news stories.
05/22/2026

Wynnchurch Capital, L.P. has announced the sale of Ironform Holdings Co., a Chicago⁠-⁠based metal fabricator supplying components, and value⁠-⁠added assemblies to the agriculture, construction, off⁠-⁠highway, bus, and industrial end markets with facilities in Texas, Washington, Virginia, and Missouri, to an undisclosed strategic buyer.

CHALCO tightens Guinea grip with high⁠-⁠stakes alumina expansion deal.

—Plus 26 major M&A deals
and top news stories.