UPDATE 2-Rio Tinto to invest $1.1 billion to expand aluminum smelter in Canada
Yahoo! Finance
Rio Tinto will invest $1.1 billion to expand its "low-carbon" aluminum smelter at Complexe Jonquière in Quebec, Canada, the Anglo-Australian mining giant said on Monday. The investment will boost annual capacity by about 160,000 metric tonnes of primary aluminum, the global miner said, adding it was sufficient to power 400,000 electric cars. Pressure to cut greenhouse gas emissions has prompted Rio, Alcoa Corp, and other aluminum manufacturers to launch a raft of products with lower carbon em...
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