Rio Tinto plans $1.2B modernization of century-old Quebec hydroelectric power plant

1 month ago 3

• Energy

Walid Shemeis

Rio Tinto (NYSE:RIO) said Thursday it plans to spend US$1.2B to modernize its Isle-Maligne hydroelectric power plant, commissioned in 1926, in Quebec, which it said is needed to secure the long-term future of low-carbon aluminum production in the Saguenay–Lac-Saint-Jean region.

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