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Canada Invests $1.5B in Sustainable Aluminum Amid Tariff Talks

7/5/2025

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Summary

Story summary

Industry Minister Mélanie Joly is in talks with Rio Tinto to address liquidity challenges stemming from U.S. tariffs on steel and aluminum. In a bid to support sustainable initiatives, the Canadian government is backing carbon-free aluminum projects. Meanwhile, Quebec Premier François Legault unveiled a significant $1.5 billion investment deal with Alumenerie Alouette, which includes Rio Tinto's involvement.

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Story summary

Industry Minister Mélanie Joly is in talks with Rio Tinto to address liquidity challenges stemming from U.S. tariffs on steel and aluminum. In a bid to support sustainable initiatives, the Canadian government is backing carbon-free aluminum projects. Meanwhile, Quebec Premier François Legault unveiled a significant $1.5 billion investment deal with Alumenerie Alouette, which includes Rio Tinto's involvement.