AMAG Builds New Plant in Canada

IndustrialsIndustrial Goods ♦ Published: October 31, 2011; 19:36 ♦ (Vindobona)

The Austrian aluminum manufacturer participates in a CAD 1.5bn contract. AMAG´s share is 20%. The project brings a new capacity of 355,000 tons.

AMAG Builds New Plant in Canada / Picture: ©

On 31 October 2011, representatives of the Alouette smelter, in which AMAG holds a 20% share, and of the Quebec Government signed a Memorandum of Understanding in Sept concerning the supply of electric power to the smelter. The agreement fixes the key terms for purchasing electricity until 2041. This lays the foundation for the electrical energy requirements of the plant to be supplied…