Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S. tariffs and global trade uncertainty.
"Today's announcement, which we have been working on for several months, paves the way for the coming decades for our current and future employees, our communities and our business partners," said Claude Gosselin, President and CEO of Aluminerie Alouette.
