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Rio Tinto invested US$87 million to increase its low-carbon aluminum production in Canada by building 16 new smelting units at its AP60 smelter in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will increase the output of the smelter by approximately 45% and provide a safe future for the approximately 100 employees working at the facility.
Rio Tinto predicts that, driven by the energy transition and decarbonization, the global aluminum market will grow at an average annual rate of 3.3% in the next ten years. Ivan Vella, CEO of Rio Tinto Aluminum, said: “Rio Tinto is committed to consolidating its position as a leader in low-carbon hydro-aluminum production to meet the clear needs of North American and European customers. Our AP60 technology It is one of them. The most energy-efficient, environmentally friendly and cost-effective system in commercial production today. It produces some of the world’s lowest carbon aluminum through renewable hydroelectric power generation in Quebec. We are evaluating further investment options because we We are advancing the development of ELYSIS zero-carbon smelting technology with our partners."
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The new pots will be built in the existing building of the AP60 Technology Center in Complexe Jonquière, which currently has 38 pots. Work will begin in the spring of 2022 and is expected to be completed by the end of 2023. At the same time, Rio Tinto will study the potential of adding more AP60 batteries at the site.
AP60 technology was developed by Rio Tinto's R&D team (including the Arvida R&D center) and generates 7 times lower greenhouse gases than the industry average. Since its production in Saguenay in 2013, the original AP60 technical tank has produced more than 465,000 tons of low-carbon aluminum.
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