Saving Iceland

Rio targets being top player in aluminium
By Nigel Wilson

August 08, 2007 06:00am
Article from: The Australian

RIO TINTO aims to be the world’s biggest aluminium producer – with the help of some of the world’s cheapest energy – before the end of the decade.

Rio Tinto Aluminium chief executive Oscar Groeneveld said yesterday that the possibility of a new aluminium smelter in the Malaysian state of Sarawak, coupled with closer links with Abu Dhabi once the Rio Tinto/Alcan merger was completed, would create a leading world player in the aluminium business. Read More

Corporate Watch

“Nobody can afford to allow the divine Icelandic dragon of flowers and ice to be devastated by corporate greed”

People in Iceland are calling for an international protest against the building of a series of giant dams, currently under construction in the eastern highlands of Iceland. The dams are designated solely to generate energy for a massive aluminium smelter, which will be run by the US aluminium corporation Alcoa and built by Bechtel.Not a single kilowatt of energy produced by the dams will go for domestic use. Alcoa is seizing the chance to relocate to Iceland after costs of producing aluminium in the US soared. Read More