Canadian Aluminum Producers to Invest $15 Billion
For example, Rio Tinto Alcan has earmarked $1.2 billion for the first phase of a pilot plant using its AP60 technology in Quebec. It has also budgeted $228 million to upgrade the Shipshaw power station in Quebec. Alcoa plans to spend $2.2 billion to improve the efficiency of its Quebec facilities. The companies expect uses for aluminum will increase over the next three years as bus and subway car manufacturers and bridge builders incorporate more aluminum.