January 2016riotinto.com/aluminium

Aluminium

Regional Economic Development2004-2014 A decade of action and results in Quebec

The Regional Economic Development Office’s vision consists of contributing to the socioeconomic development of The Aluminium product group of Rio Tinto’s host communities in order to support these communities’ long-term growth and economic diversification.This commitment is highlighted by the efforts that we make in areas such as creating and maintaining jobs. In partnership with communities, we help entrepreneurs develop projects aligned with the regional context.

$1.8 BILLIONeconomic impact* generated by Aluminium’s operations. * Average, 2010-2013 (wages, purchases, taxes, etc.)

But that’s not all. Beyond this economic impact, we are committed to contributing actively to economic development in our host communities.

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Quebec aluminium research chair in Chicoutimi (1984)

Aluminium’s Regional Economic Development Office was created in 2004. In 2014, it celebrated the 10th anniversary of its structured, solid yet flexible approach.

2004Opening of the Economic Regional Development Office

The Regional Economic Development team and contributors at the official opening in 2004.

For more than 30 yearsThe Aluminium product group of Rio Tinto has adopted measures and launched initiatives aimed at stimulating economic diversification and development in the vicinity of its Quebec facilities. We have been partners in creating:

SOCCRENT job creation partnership (1986)

Aluminium research and development centre of Quebec (CQRDA) (1994)

Aluminium Valley Society (SVA) (2001)

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RESULTS OF 10 YEARS OF EFFORTS IN QUEBEC BY THE REGIONAL ECONOMIC DEVELOPMENT OFFICE (2004-2014)

+ $75 MILLIONINVESTED

Economic diversification

Promoting innovation

Assistance for the aluminium fabrication sector

Assistance for equipment manufacturers

Four focus areas

created (direct and indirect) and maintained with our support

PROJECTS 162

FUNDS 07

and businesses helped

to support various initiatives with our partners: Beauharnois, Shawinigan, AP60, FRTA-02, SOCCRENT, C3E and SVA

JOBS +2,500

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Economic diversification

In order to help regions achieve their economic development goals, the RED assists developers as they carry out their projects. We do so by leveraging our internal expertise, our network and, where possible, certain assets, as well as by establishing funding.

C3E in ShawiniganWith the support of Hydro-Québec’s energy technology laboratory (LTE), the Regional Economic Development Office launched an initiative aimed at creating a Centre of Excellence in Energy Efficiency (C3E) in order to commercialise innovative energy efficiency technologies and make them accessible.

Beauharnois WorksIn partnership with the Beauharnois-Salaberry local development centre (CLD), we worked at the repurposing of the former Beauharnois Works site.

OVH servers installed in the former Beauharnois potroom.

JOBS+120

PROJECTS14

To date, six official projects have created over 120 jobs.

Opened in 2009, C3E has enabled the emergence of 14 projects.

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Assistance for equipment manufacturersOver the years, The Aluminium product group of Rio Tinto’s presence in Quebec, particularly in the Saguenay–Lac-Saint-Jean region, has paved the way for the emergence of strong and dynamic equipment manufacturers. Our mission is to help these manufacturers maintain their global leadership.

AP60 FundThe AP60 Fund ($8 million) provides equipment manufacturers with financial support to help them deploy equipment design, development and improvement projects and services, especially those related to Aluminium’s new AP60 technology. The expertise developed through this approach helps Quebec equipment manufacturers achieve global leadership.

Kitimat modernisation projectSupport for Quebec equipment manufacturers involved in the Kitimat Works modernisation project once again confirms the effectiveness of the Regional Economic Development team’s efforts and networking. With a $40 million contract, CANMEC, an equipment manufacturer based in the Saguenay–Lac-Saint-Jean region, is a great example of our successful efforts.

• PCP Canada

• STAS Inc.

• Char-pol

• Groupe CANMEC

• Coupesag

• Mecfor

PROJECTS31have been launched since the creation of the AP60 Fund in 2007.

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Assistance for aluminium fabrication sectorLocal use of aluminium is a long-standing economic development issue in Quebec. We help catalyse fabrication projects by providing expertise, financial support and networking, and are active players in networks that have been created for that purpose in the province.

BUSINESSES149 In 2014, the Regional Economic

Development team provided support for at least 149 businesses involved in aluminium fabrication.

SKL Aluminium TechnologiesSaguenay-based SKL Aluminium Technologies, which specialises in developing and manufacturing aluminium heat exchangers, received support for the deployment of a new technology. We also provided SKL with access to the resources it needed for market studies regarding its industry. Thanks to this cooperation, the company was able to improve its products.

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In 2014, AddÉnergie opened an electric charging station assembly plant in Shawinigan, which could create 100 jobs within five years.

Promoting innovationInnovation and R&D have contributed to Aluminium’s success. We understand the importance of supporting efforts in these areas. Through the Regional Economic Development Office, The Aluminium product group of Rio Tinto encourages organisations such as the aluminium R&D centre of Quebec (CQRDA) and university chairs, promotes cooperation with its own research centre and supports innovative projects in our areas of expertise.

AddÉnergie The Aluminium product group of Rio Tinto has backed AddÉnergie Technologies from the very start. Our support for the company is perfectly aligned with our mission, which consists of bolstering local economies by promoting diversification, and supporting sustainable economic development focusing on high value-added niche markets.

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March 2004Official opening of the Regional Economic Development Office in Chicoutimi.

Milestones

January 2003

Alcan’s Primary Metal Group began considering the possibility of stepping up its support for economic diversification in the Saguenay–Lac-Saint-Jean region. The concept of a regional economic development office took shape.

October 2003

September 2006

April 2005

December 2006

invested in the Aluminium Technology Centre (ATC) generated our first tangible

results, with the creation by STAS of a pilot plant to cast automotive parts from

semi-molten aluminium.

January 2005

The Aluminium Valley Society (SVA) held its first Aluminium Valley trade show.

contributed by Alcan to create SOCCRENT 2006, through

recapitalisation of the SOCCRENT fund.

invested in the construction of a bumper plant led to the creation of 35 jobs. Following its opening in 2005, the plant produced its first series of bumper beams, used by GM for three 2006 models.

invested by Alcan, which promised to maintain its efforts to develop industrial clusters under an agreement with the Quebec government.

Funds created• AP60 fund: $8 million• Shawinigan diversification fund: $1.3 million• Beauharnois diversification fund: $0.7 million

February 2008

Creation of an industrial diversification committee for Shawinigan.

$10.5 million

$10 million

$25 million

$10 million

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December 2009

Donated by The Aluminium product group of Rio Tinto to the regional

aluminium fabrication fund (FRTA-02) upon the fund’s creation in 2009.

invested to launch the Canadian Centre of Excellence in Energy Efficiency (C3E). The

Regional Economic Development Office also contributed $200,000 per year for five years.

April 2011

January 2012

granted for the creation of the Mashteuiatshloan guarantee fund, to encourage the Mashteuiatsh community’s economic development.

Étienne Jacques, chief operating officer, Primary Metal, North America; Hugues Lajoie, director, Regional Economic Development, North America; Gilbert Dominique, Mashteuiatsh Band Chief; Carl Clearly, Mashteuiatsh Band Council delegate, economy and business; and Marjolaine Étienne, Vice-Chief, External Affairs, Mashteuiatsh Band Council, at the signing of the cooperation agreement with the Mashteuiatsh community.

Aluminium project leaders received training under the awareness programme

on aluminium properties and manufacturing, aimed at promoting

internal aluminium use.

participation in Cycle Capital’s C3E fund to support ongoing financing for

green technologies and renewable energy production projects.

$5 million

150

$400,000

$2 million

$2 million

May 2012

Repurposing of the former Beauharnois Works, with the potroom retrofitted as a

server room for the company OHV.

30 jobs created at Beauharnois, with the

possibility of 150 additional positions in Montreal and Beauharnois.

January 2014

invested in Aluminium Valley Society (SVA) funds and operating expenses

since the start of SVA’s activities.

+$2.5 million

2015

Regional Economic Development Office maintains its community commitment with the aim of promoting the growth of regional economies.

August 2013

Search for companies interested in repurposing the Shawinigan Works casthouse. The Sotrem–Pluri-Capital consortium bought the facility in the fall of 2014, preserving 75 jobs.

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Exports to the Middle EastWe support efforts by the Aluminium Valley Society (SVA) to export regional equipment manufacturers’ products to the Middle East. In 2013, the Equipment manufacturer exports – Middle East project enabled contacts with Persian Gulf aluminium smelters and highlighted the scope of the potential market these facilities represent. Thanks to the project, our equipment manufacturers were able to position themselves in a promising market.

We promote the emergence of local, globally recognised expertise at companies such as:

• STAS Inc.

• Mecfor

• Dynamic Concept

INTERNATIONAL

$912 million 90%in Quebec, including $607 million in the Saguenay–Lac-Saint-Jean region during construction of Phase 1 of the AP60 plant (total price tag of $1,219 million).

involved in building the Shipshaw power plant’s 13th turbine generator were based in Quebec.

A PARTNER IN OPTIMISING PROCUREMENT FROM QUEBEC BUSINESSES

The Regional Economic Development Office is also

ECONOMIC IMPACT OF BUSINESSES

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Aluminium Association of Canada (AAC)

Alu-Québec

Conseil des Montagnais du Lac-Saint-Jean

Aluminium Technology Centre (ATC)

Centre of Excellence in Energy Efficiency (C3E)

Centre local de développement (CLD)

Centre québécois de recherche et de développement de l’aluminium (CQRDA)

Conférence régionale des élus (CRÉ)

Canada Economic Development (CED)

Ministère de l’Économie, de l’Innovation et des Exportations (MEIE)

SADC du Haut-Saguenay

Société de la Vallée de l’aluminium (SVA)

Trans-Al

AP-50 fund

Beauharnois fund

Shawinigan fund

Cycle Capital fund (C3E)

Fonds régional de solidarité des travailleurs du Québec (FRSTQ)

OUR PARTNERS

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6N Silicon

AddÉnergie Technologies, Inc.

Alma Potlining Centre

Alotech

Alphacasting Inc.

Alumitherm International Inc.

Automation Machine Design RC Inc. (Groupe AMD)

Auvents Multiples Inc.

BDH Tech Inc.

BPR-Bechtel

C3E – Centre of Excellence in Energy Efficiency

CANAM (Structures division)

Canmec Industriel Inc.

Ceradyne Inc.

CGI

Charl-Pol Saguenay Inc.

CIF Metal – Fabrication de composantes

Co-génération

CoupeSag Inc.

CTA

Cycles Devinci Inc.

DB ENVIRONNEMENT

Demex Inc.

Développement Industriel Chicoutimi

Dubuc – Busbar

Dynamic Concept

ECL

Électricité Grimard Inc.

Emergia Aerospace

Énergie Arvida

Energy Centre of Excellence (Hatch/Cegertec-Acres/Alcan)

Enerquin Air

Exploitation pierre à chaux

Fabnor Inc.

Filtrartech

Fonderie Die Caster

François Harvey

Girardin Minibus

Groupe Meloche

Harvey Industries

Idéa Innovation PME

Idrotek Innovations Inc.

Integr-Al

Jamec

Julien

King rack

Lar Machinerie

LCM Composites Inc.

Le Groupe Génitique Inc.

Le Groupe Réfraco Inc.

Maestria Solutions

Mecfor Inc.

Métal Identification

Nutech Inc.

Nyx Dimensions

Parabris

PCP Canada

Polytrak Inc.

Précicad

REMAC Industrial Innovators

RSM

RTA UTB

Service d’Intégration au Travail

Sigma Industries

SKL Aluminium Technologies

Sotrem-Maltech

STACA (potlining crushing)

Starlink Aviation Inc.

STAS

Stationnement Montréal

Sti-BGB maintenance

Technik Al13

Terminal Méthanier

Thermo magnésium Inc. (TMI)

TMC Inc. – Traitement des Métaux de la Capitale

Transfo-Gypse

Usinage SM Inc.

Vice Technologies

Some of the businesses and organisations we support

Rio Tinto1188 Sherbrooke Street WestMontreal, Quebec H3A 3G2Canada

T +1 514 848 8000 F +1 514 848 8115

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Design and production: tmdesign.ca Printed in Canada© Rio Tinto January 2016

More informationMartin Charron, general manager, Communications and External Relations; Regional Economic Development leaderregecodev@riotinto.com

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