Rio Tinto Announces $165USD-Million Investment in Quebec's Grande-Baie Smelter Rio Tinto is investing $165 million (C$226 million) in the refurbishment of its Grande-Baie smelter in Quebec. Two anode baking furnaces, which have reached the end of their operational lifespan, will be refurbished. This involves rebuilding the concrete shell and refractory lining, with the project set to span from 2025 to 2026. Feasibility studies will be conducted for the eventual replacement of scrubbers and overhead bridge cranes at the anode production centre. The upgraded equipment will secure a competitive supply of anodes for the Grande-Baie and Laterrière plants for decades to come. To offset the carbon emissions from this project, Rio Tinto plans to implement various environmental initiatives, including planting trees near the aluminium smelter. “The refurbishment of the Grande-Baie smelter’s anode baking furnaces is a major investment that will ensure the sustainability and competitiveness of responsible aluminium production in the region for decades to come and will generate significant economic benefits,” commented Martin Lavoie, Grande-Baie and Laterrière operations director. https://lnkd.in/eQzYBv9G #aluminium
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👉Rio Tinto Invests $165 Million in Quebec Smelter Refurbishment👈 Rio Tinto will invest $165 million to refurbish its Grande-Baie smelter in Quebec. The project involves rebuilding two anode baking furnaces, replacing their concrete shells and refractory linings, from 2025 to 2026. Additionally, feasibility studies will explore replacing scrubbers and overhead bridge cranes at the anode production center. These upgrades aim to ensure a reliable anode supply for the Grande-Baie and Laterrière plants for decades. To mitigate carbon emissions, Rio Tinto will initiate environmental efforts, including tree planting near the smelter. Martin Lavoie, director of operations at Grande-Baie and Laterrière, highlighted that this investment would support sustainable and competitive aluminium production while providing significant economic benefits. Rio Tinto's investment in the Grande-Baie smelter highlights a strategic move to enhance the longevity and competitiveness of its aluminium production capabilities. By refurbishing critical infrastructure and planning for future upgrades, the company aims to maintain a reliable anode supply essential for its operations. The inclusion of environmental initiatives reflects a commitment to sustainability, addressing potential carbon footprint concerns. This investment not only secures Rio Tinto's position in the market but also promises economic benefits for the Quebec region, reinforcing the importance of aligning industrial advancements with environmental responsibility. https://lnkd.in/ggj6TSM7
Rio Tinto invests $165m in in Quebec smelter
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The Australian company Port Hedland Green Steel proposed to implement a large-scale project in the Pilbara region of Australia – an iron ore processing enterprise. The project, called the Port Hedland Green Steel Project – Stage 1, is planned to be built in the Boodarie Strategic Industrial Area (BSIA), approximately 10 km south-west of Port Hedland. The plant will produce pellets for hot briquetted iron (HBI), which will consume about 3-3.5 million tons of iron ore per year. Most of the produced pellets will be directed to the production of HBI. The production capacity of hot-briquetted iron is calculated at the level of 2 million tons per year. The remaining pellets, about 0.7 million tons, will be exported from Port Hedland. The project also provides capacity for hydrogen production and storage. The total area of the plant will occupy 466 hectares. It is planned to allocate 90 hectares of land for infrastructure development. Read more here🔽 #GMKCenter #Ukraine #steelmakers #steel #mining #iron #ore #Australia #pellets #HBI #projects #hydrogen
Port Hedland Green Steel plans to build a processing plant in Australia — News — GMK Center
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The price of copper has gone up £1/ kg since the start of 2024. Will it get back to the £8/kg it was in April 22, or continue up to £9/kg ? My analysis of the latest Antofagasta production report.
Antofagasta Quarterly Production report - analysis, where next for the price fo copper ? #copper #copperprice #copperwire https://lnkd.in/e4tyQE3q
Antofagasta Quarterly Production report – analysis
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Commercial Leader | Strategy & Corporate Development | Commodity Trading | Equity Markets | Value Chain Optimization
Steel & aluminium are essential metals of our society and likely to remain true into the future. One of the most costly and environmentally sensitive aspects of aluminium production is the "red mud" or bauxite residue tailings which requires careful management. If red mud can be used to produce green-steel and this process can be scaled up to become commercially viable, it will solve for two industry challenges. Very interesting read.
How to produce green steel from aluminum’s red mud - MINING.COM
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Investment for Turnkey Supply of Industrial Plants Investment is easy now without any guarantee but for industrial plants only. FOLLOW Mohammed Ashraf MBA for new Jobs, new business ideas and industrial engineering projects with 100% investemnt aganist OCA. Global Investment without guarantee for Industrial Engineering Projects Above 100 Million to Billion USD investment available aganist OCA. Who can work with us Project Owner : A legal company or a group of companies. Consultancy Company : Global Consultancy companies. Commercial Brokers : Indvidual commercial brokers or group of brokers. Investing internationally is a great way to diversify a portfolio, but as an investor you need to know the risks and barriers in the global markets. By the knowing the fact, we are investing globally for industrial projects with OCA, 100% investment for the plants. Steel Re-rolling Plant with 100% of plant investment with OCA. It involves passing a sheet of steel through multiple rollers. Some rolling processes use two rollers, whereas others use four or more rollers. Regardless, as the steel passes through the rollers, it develops a uniform thickness and consistency. We are a turnkey supplier of industrial engineering projects with funding. If you are looking for the completion of your dream projects such as Mining of mineral & metals, cement plants, sugar plants, steel plants and sponge iron plants across the globe, we are an expert in such industries with facilitation of project funding. Interested clients can reach us by sending messages on the comment section. #steel #sugar #cement #mining #africa #morocco #algeria #tunisia
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With 1.32 million metric tons of primary aluminum produced in 2023, Hindalco Industries Limited is one of the largest integrated primary producers of aluminum in Asia. Aluminum being the third most available element in the earth’s crust, it is highly resistant, economical, and light to produce. The recyclability of aluminum drives its utility in several industries, like transport, architecture, energy generation, electrical transmission applications, and packaging. In this regard, the market Asia-Pacific Aluminum is set to generate a CAGR of 5.36% over the forecast years 2023-2030. Explore the carousel below for recent industry updates regarding aluminum production within Asian countries. Get an in-depth analysis of the Asia-Pacific Aluminum Market or request a custom report: https://lnkd.in/d6swtrkm . . . Rio Tinto RUSAL Alcoa Novelis #aluminum #chemicals #materials #specialtychemicals #aluminumindustry #minning #sustainablemining #interestingfacts #markettrends #tritonmarketresearch
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