Rio Tinto to Ship First Aluminum From Revamped Kitimat Smelter
July 08 2015 - 2:52AM
Dow Jones News
LONDON--Mining titan Rio Tinto PLC (RIO) said Wednesday that it
is preparing to ship the first aluminum produced at its Kitimat
smelter in Canada following the facility's extensive
modernization.
The modernization program, which was delivered in line with a
revised schedule and budget, has increased the smelter's production
capacity by 48% to 420,000 metric tons of aluminum, and transformed
it into one of the lowest cost smelters in world from one of the
most expensive.
Kitimat is powered by a hydropower facility that is wholly owned
by Rio Tinto and uses the company's proprietary AP40 smelting
technology, which effectively halves the smelter's overall
emissions.
Rio Tinto sells aluminum produced by the facility in the
Asia-Pacific region and North America.
Write to Alex MacDonald at alex.macdonald@wsj.com
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