Rio Tinto invests in a new recycling centre in Canada
Rio Tinto is investing USD 29m (CD 35m) to build a new aluminium recycling facility at its Arvida Plant in Saguenay-Lac-Saint-Jean, Quebec.
The company aims to expand its range of low-carbon aluminium solutions for customers in the automotive, packaging and construction industries.
Investment total is 29 m US dollars
The facility will make the company 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.
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 and traceable products.”
Recycling centre to go into operation in the second quarter of 2024
The recycling centre is expected to be operational in the second quarter of 2024 and will have an initial capacity of 30,000 tpy. 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 CD30m of economic benefits in Quebec and will create around ten new permanent jobs at the Arvida Plant.
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