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Rio Tinto-Backed Aluminum Firm to Invest $1.1 Billion in Canada Project

Summary by Bloomberg
Aluminerie Alouette, an aluminum maker that’s partially owned by Rio Tinto Plc, is planning to commit as much as C$1.5 billion ($1.1 billion) to modernizing its facilities in northern Quebec, according to people familiar with the matter.

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Rio Tinto-Backed Aluminum Firm to Invest $1.1 Billion in Canada Project

Aluminerie Alouette, an aluminum maker that’s partially owned by Rio Tinto Plc, is planning to commit as much as C$1.5 billion ($1.1 billion) to modernizing its facilities in northern Quebec, according to people familiar with the matter.

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  • 100% of the sources lean Left
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Bloomberg broke the news in on Wednesday, July 2, 2025.
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