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Rio Tinto to expand aluminum smelter with $1.4B investment using greener technology - BNN Bloomberg

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Rio Tinto says it will make a $1.4-billion investment to expand an aluminum smelter equipped with low-carbon technology in Saguenay, Que.

Rio Tinto chief executive Jakob Sausholm speaks to employees at the Rio Tinto Fer et Titane plant Tuesday, October 11, 2022 in Sorel, Que..THE CANADIAN PRESS/Ryan Remiorz

The announcement could ease anxiety over jobs ahead of that plant's closure in 2025, and gives more weight to Rio Tinto's claim to being a producer of green aluminum, with the newer facilities emitting half the greenhouse gas emissions than the older potlines nearby. The pending shutdown of Arvida is poised to impact between 300 and 350 employees. The new facilities will create 100 permanent jobs, Rio Tinto said.

 

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