District, union rap new Kitimat power proposal
Dec 31, 2007 | 11:08 AM
| Matthew Lerner
Both the District of Kitimat and the Canadian Auto Workers union will fight the revised power deal proposed by Rio Tinto Alcan and the British Columbia Hydro and Power Authority (BC Hydro), which provides electricity for Alcan's aluminum smelter in Kitimat, British Columbia.
Passage of the plan by the British Columbia Utilities Commission is one of three conditions set by the aluminum company as necessary in order to proceed with a $1.8-billion modernization program for the Kitimat smelter that would raise capacity to 400,000 tonnes a year from 260,000 tonnes currently.
The sides have clashed repeatedly over the issue, with the first proposed deal, known as the Long Term Electricity Purchase Agreement-Plus (LTEPA-Plus), rejected by the commission at the end of 2006.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here