ARTIST'S rendering of Rio Tinto Alcan's planned new aluminum smelter at Kitimat.

Billion dollar smelter project a go

Rio Tinto has given the green light to its long-planned project to modernize its Kitimat aluminum smelter.

Rio Tinto has given the green light to an additional US$2.7 billion capital investment to modernise its aluminium smelter in Kitimat, British Columbia. This new investment will allow for completion of the US$3.3 billion project in 2014.

The Kitimat modernisation project will increase the smelter’s current production capacity by more than 48 per cent to approximately 420,000 tonnes per year. First metal is expected to come on st ream in the first half of 2014, with an expected ramp up of nine months. The modernised smelter will be powered exclusively by  wholly-owned hydropower and use Rio Tinto Alcan’s proprietary AP40 smelting technology to reduce  the smelter’s carbon dioxide emissions intensity by approximately 50 per cent.

“The modernisation of Kitimat will transform its performance, moving it from the third quartile to the first decile of the industry cost curve, and cut greenhouse gas emissions by about half,” said Jacynthe Côté, chief executive of Rio Tinto Alcan. “This project draws on two of our greatest competitive advantages – clean, self-generated hydropower and leading-edge AP smelting technology. Once completed, Kitimat will be one of the most efficient and lowest-cost smelters in the world, and will better position us to serve the rapidly growing demand for aluminium in the Asia-Pacific market.”

Jean Simon, president, Primary Metal, Rio Tinto Alcan, said “For nearly 60 years, the smelter has been a major impetus for the economic development of northwest British Columbia. We are very proud to announce this US$2.7 billion investment to complete the modernisation project. This is one of the largest private investments in B.C.’s history, and it will ensure the sustainability of the aluminium business in Kitimat for decades to come.”

The modernisation project will secure approximately 1,000 stable, specialised jobs in B.C.’s northwest for the long term, and 2,500 jobs during the peak period of the construction phase.

 

 

Just Posted

Watermains flushed to help downgrade Prince Rupert’s boil water notice

City crews try to clear possible debris resulting in milky or discolouration of water

Author warns of dangerous goods being carried by rail

Bruce Campbell wrote book on Lac-Mégantic disaster

LaFrance and Repole team win in sturling showdown

Prince Rupert Curling Club hosts Fisherman’s Sturling Spiel on Jan. 20 with 17 teams

Environment Canada warns of strong winds Monday

Monday ferry sailing from Prince Rupert to Haida Gwaii has been cancelled

‘Avalanche Awareness Days’ emphasize backcountry safety at Shames

Skeena Bar and Shames Mountain Co-op held events this past weekend

Cheng 2 Duo wows Lester Centre crowd

Sibling performers gave a virtuoso performance on Jan. 18 in Prince Rupert

Cannabis-carrying border crossers could be hit with fines under coming system

Penalties are slated to be in place some time next year

Man accused of threatening to kill ‘as many girls as I see’

Christopher W. Cleary wrote he was angry because he’d never had a girlfriend and wanted to ‘make it right’ with a mass shooting

Canadian talent abound on newly revamped Vancouver Whitecaps squad

Lineup is full of new faces after the organization parted ways with 18 players over the off-season

B.C. Green leader calls for long-term legislature financial audit

Andrew Weaver says trust in clerk and sergeant at arms is gone

No charges in fatal police Taser incident in Chilliwack

RCMP watchdog concludes no evidence of excessive or disproportionate force was used by officers

Here’s what the B.C. legislature officers are accused of buying with taxpayers’ money

Personal trips, purchases, alcohol and more laid out in 76-page report by Plecas

Alberta youth charged over theft of $17,000 in snow equipment at B.C. ski resort

Alberta RCMP recovered $17,000 in skis/snowboards believed stolen from Fernie Alpine Resort Saturday

China demands U.S. drop Huawei extradition request with Canada

Hua said China demands that the U.S. withdraw the arrest warrant against Meng Wanzhou

Most Read