Alcan Inc. and British Columbia Hydro have signed a contract for a new power supply agreement for the delivery of Alcan’s surplus power to BC Hydro until the end of 2034. According to Alcan, the deal is a significant step toward modernization of the company’s Kitimat smelter, which will increase Alcan’s annual global primary aluminum production by more than 4% and make Kitimat one of the three largest smelters in North America.
Kitimat’s aluminum production capacity will increase by 40% and reduce greenhouse gas emissions by half a million metric tons per year. In addition, the Kitimat modernization will place the smelter in the first quartile of the industry cost curve.
Alcan, BC Hydro Sign Power Deal
August 17, 2007