Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced a $20-million investment in ELYSIS Limited Partnership, a joint venture launched in 2018 by Alcoa and Rio Tinto. This investment supports a $644-million project from ELYSIS, including significant investments in research and development. ELYSIS will directly employ 100 people through this project, and it has the potential to create more than 1,000 jobs by 2030, while securing 10,500 existing aluminum jobs in Canada. Furthermore, a total of 10 co-op students will work under this initiative.
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