Rio Tinto to invest additional US$300 million to advance the Kitimat Modernisation Project

Rio Tinto is to invest an additional US$300 million in the modernisation of the Kitimat aluminium smelter in British Columbia, Canada, bringing the current project funding total to over US$500 million. “The Kitimat Modernisation Project leverages two of our greatest competitive advantages – clean, self-generated hydropower and internationally renowned AP smelting technology. This investment... 

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Landmark Labour Agreement Advances Rio Tinto Alcan Kitimat Modernization Project

Rio Tinto Alcan marked the signing of a one-of-a-kind labour agreement with sixteen labour unions for the construction of the Kitimat Modernization Project at a ceremony in Vancouver. This agreement between the Kitimat Modernization Employer Association and the unions facilitates access to the qualified British Columbia building trades workforce, with joint commitments to local and First Nations hiring. “As... 

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Alcoa Sends Letter to Alcan Board Outlining Commitments to Quebec; Will Meet Requirements of Agreement between Alcan and Quebec Government

Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in which its offer to acquire... 

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