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Rio Tinto invests in a new aluminium recycling centre in Arvida
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Rhea-AI Summary
Rio Tinto is investing US$29 million (C$35 million) to construct a new aluminium recycling facility at its Arvida Plant in Saguenay, Quebec. This initiative aims to enhance the company’s low-carbon aluminium solutions for sectors such as automotive and construction.
The facility, expected to begin operations in Q2 2024, will have an initial capacity of 30,000 tons per year and is projected to generate C$30 million in economic benefits and create approximately 10 permanent jobs.
Positive
Investment of US$29 million to enhance recycling capabilities.
First primary aluminium producer in North America to incorporate recycled post-consumer aluminium.
Facility to create approximately 10 new jobs.
Expected economic benefit of C$30 million for Quebec.
Initial capacity of 30,000 tons per year for recycled aluminium.
Negative
None.
SAGUENAY, Quebec--(BUSINESS WIRE)--
Rio Tinto is investing US$29 million (C$35 million) to build a new aluminium recycling facility at its Arvida Plant in Saguenay-Lac-Saint-Jean, Quebec, to expand its offering of low-carbon aluminium solutions for customers in the automotive, packaging and construction markets.
Aluminium scrap (Photo: Business Wire)
The facility will make Rio Tinto the first primary aluminium producer in North America to incorporate recycled post-consumer aluminium into aluminium alloys.
Clean aluminium scrap sourced locally from used vehicles and construction materials will be remelted to produce recycled content that will be used in aluminium billets at the Arvida smelter as well as other products from Rio Tinto's Quebec facilities.
Rio Tinto Aluminium Managing Director of Atlantic Operations Sebastien Ross said: “Investing in new recycling facilities in Arvida is another step in our strategy to expand our offering of low carbon aluminium products and integrate the circular economy into our value chain. This will allow us to continue to meet our customers’ growing demand for responsible, traceable and responsible products.”
The recycling center is expected to be operational in the second quarter of 2024 and will have an initial capacity of 30,000 tons per year. Construction will begin in coming months, with a remelting furnace equipped with regenerative burners and an automated scrap loading system to be installed in an existing building at the Arvida plant.
The project is expected to generate C$30 million of economic benefits in Quebec and will create around 10 new permanent jobs at the Arvida Plant.
Note to editors
Rio Tinto is an industry leader in the responsible production of aluminium, with operations in Canada powered by 100% renewable hydroelectric energy. In 2021, the company commissioned a new remelting furnace at its Laterrière Plant to recycle aluminium scrap from its internal operations and manufacturing customers to produce rolling ingots for the automotive and packaging industries. In 2020, Rio Tinto partnered with Shawinigan Aluminium to offer its customers a closed-loop recycling solution to complement its low-carbon billet production.
In addition, ELYSIS, Rio Tinto's partnership with Alcoa supported by Apple and the governments of Canada and Quebec, is pursuing the development of a revolutionary new smelting technology to produce aluminium without direct greenhouse gas emissions.
