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

Rupert recreation parking rent fees set to decrease in 2018

Proposed changes will make it easier for vendors and renters to use recreation facilities

Coal train derailment near New Hazelton

CN reports no injuries or dangerous goods involved after coal train derailment in Northern B.C.

WEB POLL: How concerned are you about wildlife encroaching on city space?

Both sightings were reported to RCMP, who did not find a the animal in the area

Sports briefs

Here’s what going on in Prince Rupert sports this weekend

RTI donates $138,500 for robotics in the school district

Ridley Terminals funds coding and robotic education in Prince Rupert classrooms

This Week Episode 68

From inside the Northern View office in Prince Rupert we bring you all the news headlines

Carriers wanted for the Northern View

We have open routes for carriers all over Prince Rupert

RCMP nail sex toy thief

Shop owner plays a role in arrest

Ice-cream-eating bear draws controversy

An Alberta Wildlife Park posted a video this week of one of their bears going through a Dairy Queen drive-through

Fernie, RCMP go to court over city log books in fatal ammonia leak probe

Log books center stage in clashing of investigations between the city and RCMP

B.C.’s biggest pot plant planned for Oliver

Co-founder Tony Holler said the 700,000 sq. ft. facility would produce 100,000 kg of pot per year

High-end whisky seized in B.C. bar raids

Raids end in seizures at Victoria, Nanaimo and Vancouver whisky joints

Double-doubles and demonstrations: Employees rally outside Tim Hortons

Protests held in response to Ontario franchise owners cutting employee benefits and breaks

Train derails in Northwest B.C.

CN reports no injuries or dangerous goods involved after coal train derailment.

Most Read