Rio Tinto adds $2.7 billion investment to Kitimat smelter project
Modernization project will increase the smelter’s production by 48 per cent to 420,000 tonnes a year.
MONTREAL—Rio Tinto has given the green light to an additional US$2.7 billion capital investment to modernize its aluminium smelter in Kitimat, B.C., advancing the completion of the $3.3 billion project to 2014.
The Kitimat modernization 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 stream in the first half of 2014, with an expected ramp up of nine months.
The modernized 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.