Rio Tinto Transfers MMC Customers to Cymat, Exits Specialized Composites Segment

Published: Jul 24, 2026 13:23

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[SMM Aluminum Express News] Rio Tinto has agreed to transfer customers from its aluminium metal matrix composites (MMC) business to Canada's Cymat Technologies, marking its exit from the specialised composites segment. Under the agreement, Rio Tinto Alcan will transfer its commercial customer base to Cymat, which will pay US$750 per tonne of MMC sold or used over five years, with total payments capped at US$500,000.

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