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Alcan Sell Zinc and Lead Trading Business to Trafigura

Nov 17 2004

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Alcan Inc. announced today that it has sold the assets of its zinc and lead metal trading business to Trafigura Ltd., an independent commodity trading company.

"Alcan is selling these assets as part of its strategy to exit non-core operations," said Geoffery E. Merszei, Executive Vice President and Chief Financial Officer of Alcan Inc.

The scope of the transaction includes the inventories of Alcan’s zinc and lead metal trading and the commercial agreements related to the business, which was operated through Pechiney Trading Limited (UK).

For more information on zinc, click here.

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