{"id":2807,"date":"2022-07-17T01:55:52","date_gmt":"2022-07-17T01:55:52","guid":{"rendered":"https:\/\/northamericanmining.com\/?p=2807"},"modified":"2022-07-18T21:52:21","modified_gmt":"2022-07-18T21:52:21","slug":"rio-tinto-investing-us188m-for-alma-upgrade-project","status":"publish","type":"post","link":"https:\/\/northamericanmining.com\/index.php\/2022\/07\/17\/rio-tinto-investing-us188m-for-alma-upgrade-project\/","title":{"rendered":"Rio Tinto investing US$188M for Alma upgrade project"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2813\" src=\"https:\/\/northamericanmining.com\/wp-content\/uploads\/2022\/07\/RT-Saguenay-aluminium.jpg\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/northamericanmining.com\/wp-content\/uploads\/2022\/07\/RT-Saguenay-aluminium.jpg 1920w, https:\/\/northamericanmining.com\/wp-content\/uploads\/2022\/07\/RT-Saguenay-aluminium-500x280.jpg 500w, https:\/\/northamericanmining.com\/wp-content\/uploads\/2022\/07\/RT-Saguenay-aluminium-768x432.jpg 768w, https:\/\/northamericanmining.com\/wp-content\/uploads\/2022\/07\/RT-Saguenay-aluminium-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n\n\n<p class=\"wp-block-paragraph\">Rio Tinto said it has earmarked US$188 million to upgrade its Alma smelter in Lac-Saint-Jean, Quebec to boost its production by 202,000 tonnes annually.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project, which is projected to be commissioned in the first quarter of 2025, will include an expansion of the existing casting center to accommodate new equipment, including a casting pit and furnaces \u2013 which in turn will allowing a larger portion of the aluminum produced to be converted to higher value aluminum billets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Construction is set to begin in May 2023 following detailed engineering and preliminary work.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cGlobal demand for aluminum extrusion products is expected to grow at an average of about 3% per year over the next ten years, driven by the energy transition and decarbonization,\u201d the company said.<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe investment will strengthen the supply chain in North America and allow Rio Tinto to be more agile and flexible to support the critical growth of North American manufacturers for a variety of high value-added products, primarily in the automotive and construction industries.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rio Tinto Aluminium Atlantic operations MD S\u00e9bastien Ross said the project will allow it to better meet growing demand for high quality alloys and value-added products made with renewable hydroelectricity.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThis new capacity will help to strengthen the position of our Alma smelter and we are proud to work with our employees, clients, Quebec equipment manufacturers and partners to bring this much anticipated project to fruition,\u201d Ross said.<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/northamericanmining.com\/index.php\/2022\/07\/17\/rio-tinto-investing-us188m-for-alma-upgrade-project\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Rio Tinto investing US$188M for Alma upgrade project\">riotinto.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rio Tinto said it has earmarked US$188 million to upgrade its Alma smelter in Lac-Saint-Jean, Quebec to boost its production by 202,000 tonnes annually. The project, which is projected to be commissioned in the first quarter of 2025, will include an expansion of the existing casting center to accommodate new equipment, including a casting pit and furnaces \u2013 which in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495],"tags":[1251,1268,1267,182],"coauthors":[],"class_list":["post-2807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-aluminum","tag-hydroelectricity","tag-quebec-2","tag-rio-tinto"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/northamericanmining.com\/wp-content\/uploads\/2022\/07\/RT-Saguenay-aluminium.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/posts\/2807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/comments?post=2807"}],"version-history":[{"count":5,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/posts\/2807\/revisions"}],"predecessor-version":[{"id":2816,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/posts\/2807\/revisions\/2816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/media\/2813"}],"wp:attachment":[{"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/media?parent=2807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/categories?post=2807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/tags?post=2807"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/northamericanmining.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=2807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}