Linklaters advised Atlantic Alumina Company LLC (“ATALCO”), the only operating alumina refinery in the United States, on its partnership with the United States Government and Concord Resources Holdings Limited, in conjunction with Concord’s majority shareholder, a fund managed by Pinnacle Asset Management L.P., to sustain and increase domestic alumina production and establish the country’s first and only large scale primary gallium production circuit in Gramercy, Louisiana.
Since 1959, alumina produced by ATALCO has been used as the essential raw material for aluminum metal required for American aerospace, defense, and automotive supply chains, while the Company’s chemical grade alumina has supplied important industries aligned with the national interest, including catalysts for oil and gas refineries, refractories, fire suppressants, ceramic casing for semiconductors, and municipal water treatment. Both alumina and gallium are essential minerals for production of aerospace and defense systems, catalysts, semiconductors, and next-generation energy technology. This partnership underscores ATALCO’s unique ability to secure the future of critical mineral production in the United States.
The Linklaters team advising on the transaction was led by Head of Energy & Infrastructure in the Americas Marius Griskonis, Global Chairman of Corporate and Chairman of the Americas George Casey, Capital Markets and M&A Partner Kristina Trauger, M&A Partner Vinita Sithapathy, M&A Associates Fraser Goodlad and Lauren Wells, and Energy & Infrastructure Associate Lauri Kai.
The team also included Executive Compensation and Employee Benefits support from Partner Andrew Gaines and Senior Counsel Janet Lee, Antitrust and Foreign Investment support from Partner Antonia Sherman, Energy & Infrastructure and Tax support from Partner Michael Rodgers, Environmental support from Partner Lauren Bachtel and Associate Josh Berliner, Real Estate support from Counsel Yelena Nersesyan, Financial Regulation support from Counsel Zila Acosta Grimes, Litigation, Arbitration & Investigations support from Counsel Sean Solomon, and TMT/IP support from Counsel Shruti Chopra and Kris Ekdahl, and Associate Moses Kim.