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Aluminerie Alouette Confirms $1.5 Billion Investment in Sept-Îles
- On July 4, 2025, Aluminerie Alouette revealed plans to commit a minimum of $1.5 billion in funding over the next two decades to upgrade its facilities on the North Shore in Sept-Îles, Quebec.
- The investment follows an agreement in principle on electricity rates with Hydro-Québec that extends until December 31, 2045, and aims to support an industry affected by 50 percent U.S. tariffs.
- The smelter, which has a workforce of nearly 950 and an annual output of 630,000 tons, contributes to one-fifth of the province’s aluminum production and is owned 40 percent by Rio Tinto.
- Quebec Premier François Legault called the electricity deal "a positive sign" allowing Hydro-Québec to share profits when aluminum prices rise and help the company stay competitive when prices fall.
- The agreement and investment suggest strengthened local aluminum production amid ongoing tariff challenges, while Ottawa holds talks with Rio Tinto about cash flow support.
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Major Quebec aluminum smelter announces $1.5B investment with new electricity deal - Montreal
Quebec Premier François Legault told the news conference the electricity deal is a positive sign for an industry that has been hit by 50 per cent tariffs on imports to the U.S.
·Toronto, Canada
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TVA NouvellesReposted by 
Le Journal de Quebec
Le Journal de QuebecAlouette is investing $1.5 billion to upgrade its facilities in Sept-Îles, on the North Shore.
·Montreal, Canada
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A new Liquefied Natural Gas (LNG) megachant could be created on the North Shore, with a natural gas pipeline and liquefaction plant project led by the Norwegian-born company Marinvest Energy Canada.
·Montreal, Canada
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Total News Sources27
Leaning Left8Leaning Right0Center6Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 43%
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