LONDON, June 18 - Anglo-Dutch steelmaker Corus <TISC.BO> said on Wednesday that negotiations are ongoing to sell its primary aluminium smelters in Germany and the Netherlands.
"We're still reviewing the strategic options in relation to those plants," Jean-Sebastian Jacques, Group Director, Strategy at Corus told Reuters on the sidelines of a steel conference.
"As soon as we have something more specific, we'll disclose it to the market," Jacques said but declined to give a time frame.
Corus said in December last year that it had signed a non-binding letter of intent to sell the two smelters to U.S. company American Industrial Acquisition Corporation for an undisclosed sum.
The smelters in Delfzijl in the Netherlands and Voerde in Germany have combined capacity to produce around 250,000 tonnes of primary aluminium annually.
Including secondary production from scrap, they have total output of more than 300,000 tonnes of aluminium a year.
Source:Reuters
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