Companhia Brasileira de Alumínio

Companhia Brasileira de Alumínio (Brazilian Aluminium Company)

Company type	Publicly Listed Company at B3 under ticker CBAV3
Industry	Aluminium
Founded	1955 (1955)
Headquarters	Alumínio, São Paulo (state), Brazil
Key people	Antônio Ermírio de Moraes, (CEO)
Products	aluminium products, aluminium alloys
Revenue	US$ 2.8 billion (2009)
Number of employees	6,500
Parent	Votorantim Group
Website	cba.com.br

Companhia Brasileira de Alumínio (CBA; Brazilian Aluminium Company) is the largest aluminium producer in Brazil having a total annual production of around 480,000 tonnes.

It is headquartered in the city of São Paulo.

History

Brazilian president Luiz Inácio Lula da Silva visits CBA in 2006

Established on June 4, 1955, CBA was the first aluminium plant in Brazil producing 4.000 tonnes/year but after fifty years in 2005 the company had a producing capacity of 400,000 tonnes/year.

Now the company has a large distribution chain all across Brazil including a sea terminal in the Port of Santos.

Other businesses

Mining

CBA has some bauxite mines in Poços de Caldas. After acquiring a 10% stake in mining company Mineração Rio do Norte, CBA now holds bauxite mines in the South-East part of Paraná State and has another mine in the municipality of Cataguases and Itamarati de Minas in Minas Gerais State. There is another mine "Miraí" due for opening in 2007 which alone will produce 3 million tonnes of bauxite per year.

Electric power

The company produces 60% of the energy in the 18 hydroelectric power plants it owns all over Brazil and has around 13,000 clients.

External links

• Home page