Rio invests C$160m at Canadian plant
PERTH (miningweekly.com) – Mining major Rio Tinto has announced a C$160-million investment into its Isle-Maligne hydroelectric power station, in Quebec, to continue its production of low-carbon aluminum.
The investment would see Rio replace valves used to cut off the water flow in the power plant if required. Located in Alma, the Isle-Maligne power plant was commissioned 94 years ago and is the oldest in Rio's hydroelectric network.
The work will be carried out over a period of five years starting in the second quarter of 2021.
“The replacement of the valves at the Isle-Maligne plant is a major investment by Rio Tinto in the area. It will allow us to continue operating Isle-Maligne in complete safety for many decades and to maintain our low carbon aluminum production in Quebec,” said Rio’s executive director of operations in Quebec, Sébastien Ross.
“Our team is committed to ensuring that this investment has significant regional economic benefits, among other things through our partnership with equipment manufacturer Canmec.”
The investment is expected to have significant economic spinoffs for Saguenay-Lac-Saint-Jean, with approximately C$115-million disbursed to businesses in the region.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation