The Alouette primary aluminium plant in Canada will be undergoing an expansion project following approval from shareholders. The total investment in the plant will CAD 1.41 billion and the project will begin in February 2005.
Following the expansion, the plant will have a capacity of 550,000 tonnes per year, which represents an increase of 307,000 tonnes. It will also be amongst the lowest cost primary aluminium plants in the world. With operating costs of less then US$1000 per tonne, it will rank among the top 10% of low cost smelters worldwide.
The Alouette plant is a joint venture, of which 20% is owned by Hydro Aluminium. They acquired the share through the acquisition of the German company VAW.
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