Two companies plan to construct the first primary aluminum plant to be built in the United States in almost 50 years, the companies said on Monday, adding once complete, the smelter in Inola, Oklahoma will be the largest ever primary aluminum production plant in the U.S. When the smelter in Oklahoma is completed by 2030, […]
Tag: aluminum
Gaby Poirier, BC operations manager for the Rio Tinto Aluminum metals group called it a shining moment as the first ingots from the new modernized potlines were wheeled into the also new Henning Hall at the Kitimat smelter on Tuesday, July 7. Referring to the nearly complete Kitimat Modernization Project (KMP), Poirier said, “It's now […]
Glencore: The great white shark stalking Rio Tinto
The world's business media are paying rapt attention to Glencore’s now stalled attempt to take over Rio Tinto. Late Tuesday, the company issued a news release which says Glencore announces that in July 2014 it made an informal enquiry by telephone call to Rio Tinto, seeking to gauge whether there might be any interest at Rio […]
The Kitimat Modernization Project, the $3.3 billion upgrade of the Kitimat aluminum smelter will create capable and competitive contractors that can go on to work at the future energy developments in the region, Rio Tinto Alcan CEO Jacynthe Côté said Thursday, March 8. Côté was in Kitimat to tour the region, a trip that was […]
AluminumRio Tinto Alcan president primary metals, Jean Simon, announces the go-ahead for the Kitimat Modernization Project at ceremony at the plant in Kitimat, Dec. 1, 2011. (Robin Rowland/Northwest Coast Energy News) "It's a go." The "go" meant that the Rio Tinto Alcan board had finally approved spending $2.7 billion for the long awaited Kitimat modernization […]
RTA to divest "non core" aluminum assets
Aluminum Rio Tinto Alcan has announced that it is "streamling" its aluminum assets after a "strategic review." The company says: "The move will allow Rio Tinto Alcan to concentrate on its strategy to grow the value of its high quality, tier one assets and improve the product group's financial performance." Six assets in Australia and […]