Rio Tinto is expanding its AP60 aluminum smelter in Quebec, Canada, with a 1.5 billion dollar investment. The project focuses on utilizing advanced smelting technology to reduce the carbon intensity of aluminum production, catering to the growing industrial demand for low-emission metals. This capital allocation highlights a strategic shift toward stable mining jurisdictions and the production of materials essential for the energy transition. The expansion aims to lower the overall carbon profile of the company's aluminum portfolio while securing long-term growth in the green metals market.
