DISTRICT OF KITIMAT REQUESTS TO EXTEND THE DEADLINE FOR ITS APPEAL
ARGUMENTS FOR 30 DAYS TO FACILITATE TALKS WITH ALCAN
KITIMAT, BC, July 26 /CNW Telbec/ - Alcan Inc. announced today that it
will enter into discussions with the District of Kitimat to identify, frame
and develop a positive environment conducive to the realization of the planned
US$1.8 billion Kitimat Works Modernization Project. Alcan agreed to a request
by the District to extend the deadline to file its appeal arguments of judge
Brenner's decision by 30 days to facilitate talks between the parties.
The Kitimat Works Modernization Project was announced on August 14, 2006
and is subject to the final approval of Alcan's Board of Directors and to
certain conditions including environmental permits and the successful
conclusion of agreements with BC Hydro and the CAW union. Alcan reached an
agreement with CAW in May 2007 and is currently working to satisfy the other
two conditions.
The modernization of Alcan's Kitimat smelter would increase Alcan's
annual global primary aluminum production by more than four percent and make
Kitimat not only one of Alcan's largest wholly-owned smelters, but also one of
the three largest in North America. Kitimat's aluminum production capacity
would increase by 40 percent and reduce GHG emissions by half a million tonnes
per year.
Alcan Inc. (NYSE, TSX: AL) is a leading global materials company,
delivering high quality products and services worldwide. With world-class
technology and operations in bauxite mining, alumina processing, primary metal
smelting, power generation, aluminum fabrication, engineered solutions as well
as flexible and specialty packaging today's Alcan is well positioned to meet
and exceed its customers' needs. Alcan is represented by 68,000 employees,
including its joint-ventures, in 61 countries and regions, and posted revenues
of US$23.6 billion in 2006. The Company has featured on the Dow Jones
Sustainability World Index consecutively since 2003. For more information,
please visit: www.alcan.com.
%B NM %C 1,3,17 %D Alcan & Kitimat
For further information: Local Alcan media contact: Colleen Nyce:
+1-250-639-8760, colleen.nyce@alcan.com; Corporate
Alcan media contact: Anik
Michaud, +1-514-848-8151, media.relations@alcan.com
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