Rio Tinto-backed aluminum company plans C$1.5B Canada smelter project - Bloomberg

3 days ago 2
Raw Aluminum Sheets

D. Lentz

Rio Tinto-backed (NYSE:RIO) Aluminerie Alouette is planning to commit up to C$1.5B (~US$1.1B) to modernize its facilities in northern Quebec, and has secured a new electricity supply deal with the province's Hydro-Quebec utility, Bloomberg reported Wednesday.

Aluminerie Alouette is a

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