Mining
Elysis granted federal funds toward cleaner aluminum smelting
Image: Elysis
The Hon. Francois-Philippe Champagne, Minister of Innovation, Science and Industry, joined representatives of Rio Tinto (NYSE: RIO) and Alcoa (NYSE: AA) to mark the start of construction on the first commercial-scale prototype cells of Elysis’s clean inert anode technology. He also pledged a further C$20 million contribution from the Canadian government to support the project.
Elysis is a joint venture company led by Alcoa and Rio Tinto that is developing the inert anode as a means of eliminating all direct greenhouse gas (GHG) emissions from the traditional aluminum smelting process. Instead, it produces oxygen. The new technology is being installed at Rio Tinto’s Alma smelter in Saguenay, Lac-Saint-Jean, Quebec.