Rio Tinto Alcan Announces $347M Project to Increase Production

Rio Tinto Alcan RTP will move forward with its planned $347 million modernisation project to increase the annual production capacity of its aluminium smelter in Straumsvik, Iceland (ISAL), after finalising the landmark energy supply agreement reached earlier this year with Landsvirkjun, the Icelandic power utility. The increased amperage is part of the modernisation project that will boost production capacity at the smelter by 20 per cent to approximately 230,000 tonnes and ensures continued compliance with emission limits and reliability of operations.