Abc.net.au
Smelter furnace upgrade opens
Edited by : AL CIRCLE
1 min read
Boyne Smelters says more than $300 million spent on a new carbon bake furnace had been approved before its planned sell-off.
The furnace officially opens today and is designed to reduce the smelters' greenhouse gas emissions by 20,000 tonnes per year.
Last year, Rio Tinto Alcan announced it was selling off parts of its aluminium business, including the Boyne Smelters and Gladstone Power Station, to bolster its financial performance.
Smelters' spokesman Rob Craig says plans to replace the furnaces had been in the pipeline for several years.
"I think the decision to invest this money was actually taken prior to any decision of divestment," he said.
"So this project, which comprises the bake as well as other parts, was actually approved in January 2008."
The furnace officially opens today and is designed to reduce the smelters' greenhouse gas emissions by 20,000 tonnes per year.
Last year, Rio Tinto Alcan announced it was selling off parts of its aluminium business, including the Boyne Smelters and Gladstone Power Station, to bolster its financial performance.
Smelters' spokesman Rob Craig says plans to replace the furnaces had been in the pipeline for several years.
"I think the decision to invest this money was actually taken prior to any decision of divestment," he said.
"So this project, which comprises the bake as well as other parts, was actually approved in January 2008."
Previous article
Ukrainian Property Fund continues litigation with Rusal
Next articleShanghai Metals Market Morning Review - 2012/4/20 Aluminum Market
Grow with
AL Circle
