Alcoa is set to acquire major Australian assets from South32 in a deal valued at about $8 billion. According to reports, the transaction covers South32’s West Australian operations, including its Boddington mine and the Worsley alumina refinery. The agreements would shift ownership of the bauxite mining and alumina processing assets from South32 to Alcoa, expanding Alcoa’s alumina and aluminium supply footprint. The companies frame the acquisition as a global package for Alcoa’s alumina and aluminium business, with Alcoa taking over the specified operations located in Western Australia. Both outlets indicate the same overall transaction value and focus on the transfer of the WA bauxite and downstream alumina assets. The reporting does not provide additional details on timing, regulatory approvals, or financing terms in the excerpts provided.