Canada Helps Aluminum Industry Eliminate Carbon Footprint
The Government of Canada continues to support Canadians and Canadian businesses as they recover from the COVID-19 pandemic. Investments in innovation, which will position Canada for success in the low-carbon economy, are key to supporting a robust and sustained economic recovery that will create more jobs for Canadians. Zero-carbon aluminum smelting is the kind of innovation that will help achieve both Canada’s economic and climate change goals. Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced a CAD 20 million investment in ELYSIS Limited Partnership, a joint venture launched in 2018 by Alcoa and Rio Tinto. This investment supports a CAD 644-million project from ELYSIS, including significant investments in research and development. ELYSIS will directly employ 100 people through this project, and it has the potential to create more than 1,000 jobs by 2030, while securing 10,500 existing aluminum jobs in Canada. Furthermore, a total of 10 co-op students will work under this initiative.
This investment builds on the CAD 60-million contribution announced in 2018. This new contribution will help ELYSIS develop local manufacturing supply chains, as well as further the research and commercialization of its groundbreaking technology. This contribution will secure important economic benefits for communities, as local companies will co-develop and supply specialized equipment for ELYSIS’ work to lower the industry’s carbon footprint and improve the efficiency of its operations.
Once fully developed and implemented at Canadian aluminum smelters, ELYSIS’ technology would almost eliminate the Canadian aluminum industry’s smelting carbon footprint, eliminating as much as 7 million tonnes of carbon emissions per year, which represents 1% of Canada’s overall greenhouse gas emissions. As Canadian, North American and global manufacturers transition toward green supply chains, this investment will leverage Canada’s reputation as a reliable and secure supplier of aluminum. The investment strengthens local manufacturing capabilities, integrating local workers and supply chains in the shift toward a greener and more resilient aluminum industry in Canada.
This project aligns with A Healthy Environment and a Healthy Economy, the Government of Canada’s strengthened climate plan that will help Canada achieve its economic and environmental goals.