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  • The Wall Street Journal18 days ago

    [$$] Noranda Creditors Warn Against Sale of Foil Business

    Noranda Aluminum Inc.’s junior creditors have challenged the auction of the company’s foil operations on the grounds that the sale will doom the rest of the company.

  • American City Business Journalslast month

    Noranda Aluminum seeks to sell Missouri smelter

    Bankrupt aluminum producer Noranda is seeking bankruptcy court approval to sell off its so-called upstream business, including its now shuttered smelter in New Madrid, Missouri. Tennessee-based Noranda Aluminum Holding Corp. said Monday it had filed a request in bankruptcy court for approval for bidding procedures to sell "all, or substantially all" the assets of its primary aluminum business. In addition to the smelter in southeast Missouri, that business includes a bauxite mine in St. Ann, Jamaica, and a refinery in Gramercy, Louisiana.