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Alcoa still looking for optimal site for aluminum smelter
In May 2007, the Greenland Home Rule Cabinet entered into a Memorandum of Understanding (MOU) with Alcoa to cooperate on a feasibility study for constructing an aluminum smelter with a 340,000 metric-ton-per-year capacity in Greenland. Since then, Alcoa has launched a country website in both Greenlandic and English.
The Greenland Home Rule Government and Alcoa have begun site selection, environmental studies, engineering assessments, and other aspects of the project. If the viability of the project is proved, groundbreaking for the hydroelectric power system would be expected in 2010, and for the smelter in 2012. The smelter could then commence operation by the end of 2014.
Preferred sites for the proposed smelter will be collaboratively identified by Alcoa and the Greenland Home Rule Government. The three municipalities of Nuuk, Sisimiut, and Maniitsoq, which have all selected potential locations, support the project and are taking an active part in the continued work.
Selection expected in first quarter of 2008
No single factor, such as proximity to potential hydropower sites, can be used to determine the ultimate site for the proposed smelter. There are a multitude of geographic, technical, financial, environmental, and social factors that must be weighed to make a successful site selection.
That selection is expected in the first quarter of 2008, and the final recommendations will go to the Greenland Home Rule Government for ratification. Regardless of the site selected, the project will require the development of all three currently identified hydropower sites.
Upon completion, the project would represent one of the largest investments in Greenland's history, stimulate economic growth and manufacturing diversity, create around 600 direct, stable jobs, and contribute to increasing Greenland's overall productivity and economic self-support. Alcoa is strongly committed to maximizing local employment and business participation in the proposed project and will invest significant effort and resources in partnerships with local educational, training, and business organizations to achieve this.
The smelter would use world-class smelting technology and work practices to protect workforce and community health. In addition, Alcoa recognizes the critical importance of fishing and hunting to the local community and is committed to the protection of the environments that support these activities as the proposed hydro and smelter facilities are planned, designed, developed, and operated.
Posted
Tuesday,
October
16, 2007
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