Rio Tinto to invest $1.1B to expand AP60 aluminum smelter equipped

Rio Tinto will invest $1.1B to expand its AP60 aluminum smelter equipped with low-carbon technology at Complexe Jonquiere in Canada. The total investment includes up to $113M of financial support from the Quebec government. This expansion, which will coincide with the gradual closure of potrooms at the Arvida smelter on the same site, will enable Rio Tinto to continue meeting customers’ demand for low-carbon, high-quality aluminium for use in transportation, construction, electrical and consumer goods. The investment will add 96 new AP60 pots, increasing capacity by approximately 160,000 metric tons of primary aluminum per year, enough for 400,000 electric cars. As a result, there will be a total of 134 AP60 pots and a capacity of approximately 220,000 tons per annum. Construction will run over two and a half years, with commissioning of the new pots expected to start in the first half of 2026 and the smelter fully ramped up by the end of 2026. Once completed, the expanded smelter is expected to be in the first quartile of the industry cost curve. This new capacity will offset the 170,000 tons of capacity lost through the gradual closure of potrooms at the Arvida smelter from 2024. In addition, Rio Tinto will add 30,000 tons of new capacity through the commissioning of the previously announced recycling facility at Arvida in the first quarter of 2025. These facilities will ensure Rio Tinto’s casting facilities at Complexe Jonquiere continue to provide value added products that meet customers’ needs, including integrating recycled post-consumer aluminum into primary aluminum alloys.