Aluminerie Alouette to Invest $1.1 Billion in Canadian Aluminum Revamp Amid Tariff Pressure.

domingo, 6 de julio de 2025, 2:45 pm ET1 min de lectura
RIO--

Aluminerie Alouette, Canada's largest aluminum smelter, is investing CA$1.5 billion ($1.1 billion) in its northern Québec facilities, despite growing pressure from US tariffs and global trade uncertainty. The investment follows a long-term power agreement with Hydro-Québec that will guarantee electricity supply through 2045. Owned by a consortium that includes Rio Tinto, Hydro Aluminium, and others, Aluminerie Alouette employs around 950 people and represents the largest private employer in the region. The Canadian aluminum industry has taken steps to protect its market integrity, including supporting Finance Canada's new import monitoring system.

Aluminerie Alouette to Invest $1.1 Billion in Canadian Aluminum Revamp Amid Tariff Pressure.

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