CAPITAL MARKETS

Rio to spend C$250m on alumina refinery

Rio Tinto (LN:RIO) says it will invest C$250 million (US$199 million) to extend the life of its 80-year-old Vaudreuil alumina refinery in Quebec beyond 2022.

Staff reporter
Investment will extend life beyond 2022

Investment will extend life beyond 2022

The plant was commissioned in 1936 and last year imported 3.7 million tonnes of bauxite, from Africa and Brazil, which it turns into alumina. Rio said the investment included the construction of a filtration...

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