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Alcoa pushes ahead with 360,000 tpy smelter in Greenland

June 22, 2010 - 16:40 GMT Location: Helsinki

KEYWORDS: Alcoa , Greenland , power plant , aluminium smelter

The construction of Alcoa’s 360,000 tpy Greenland aluminium smelter project is on schedule, with the smelter and associated 650MW power plant expected to come in to production by year-end 2014, the company told MB.

The groundbreaking for the hydropower plant is expected to proceed by year-end 2010, and for the smelter in 2012. The two units combined, once operational, will employ up to 1,200 mainly immigrant workers. Greenland has a population of less than 60,000, and a labour shortage is expected. Concerns have been raised in Greenland's parliament that the island's economy is too fragile to accommodate major projects such as the Alcoa smelter venture, and that the island is rushing too hastily into metals (and oil field) developments before it has proper monitoring and legal systems in place to manage large-scale industrial schemes. "We are satisfied with progress made, and confident that we can be...

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