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Rio Tinto Alcan forging ahead with $2.5-billion B.C. mega project
Edited by : AL CIRCLE
1 min read
Rio Tinto Alcan told 300 contractors Wednesday that it intends to spend $2.5 billion rebuilding its Kitimat aluminum smelter in a mega-project that is expected to transform the province's northwest.
The project had stalled during the 2008-09 recession but is back on track for a 2014 completion, Kitimat Modernization Project manager Michel Lamarre, told contractors who had gathered in Vancouver for a daylong session on project opportunities.
"This project is serious. We are about to start," Lamarre said in an interview after addressing the contractors.
The Rio Tinto Alcan project is the largest private sector investment in the province "in a long, long time," Jobs and Innovation Minister Pat Bell said at the opening of the contractor forum.
"This investment is significant, but it is just the spark that will light a long-term economic fuse that I think will build huge prosperity in this province," Bell said.
Rio Tinto Alcan will have spent $650 million on the project by the end of this year and already the Kitimat-Terrace corridor is feeling the benefits, Thom Meier, of the Kitimat Chamber of Chamber of Commerce, said in an interview.
The project had stalled during the 2008-09 recession but is back on track for a 2014 completion, Kitimat Modernization Project manager Michel Lamarre, told contractors who had gathered in Vancouver for a daylong session on project opportunities.
"This project is serious. We are about to start," Lamarre said in an interview after addressing the contractors.
The Rio Tinto Alcan project is the largest private sector investment in the province "in a long, long time," Jobs and Innovation Minister Pat Bell said at the opening of the contractor forum.
"This investment is significant, but it is just the spark that will light a long-term economic fuse that I think will build huge prosperity in this province," Bell said.
Rio Tinto Alcan will have spent $650 million on the project by the end of this year and already the Kitimat-Terrace corridor is feeling the benefits, Thom Meier, of the Kitimat Chamber of Chamber of Commerce, said in an interview.
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