ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Advanced Energy Minerals Breaks Ground On its High-Purity Alumina Plant Expansion in Cap-Chat, Quebec, Canada

By: Newsfile

Laval, Quebec--(Newsfile Corp. - October 12, 2023) - Advanced Energy Minerals (AEM) is moving forward with an expansion of its plant for high purity alumina in Cap-Chat (Quebec-Canada). Today, the company's board of directors, officers, and workforce marked the commencement of the works with a groundbreaking ceremony, accompanied by local government officials, including Marcel Soucy, mayor of Cap-Chat and Guy Bernatchez, prefect of Haute Gaspésie.

The plant expansion represents a major investment by AEM that will, over two years, increase the plant's capacity to produce high-value aluminium derivative products, such as high purity alumina, by a significant degree. The plant will be equipped with the latest technology and equipment to meet customer needs. "This plant expansion will align our production capacity with the growth of our pipeline," said Advanced Energy Minerals' CEO Mick Adams, "while also contributing to our innovation and sustainability ambitions. It will play a key role in our strategy to expand our presence in new markets with strong growth rates."

"This investment is proof of our commitment to invest and grow in Cap-Chat. It will create new jobs and reinforce our position as one of the most important employers in the region," said Charles Taschereau, President of operating subsidiary, AEM Canada Group Inc.

About Advanced Energy Minerals

Advanced Energy Minerals Inc. is a worldwide producer of aluminum derivatives with its headquarters located in Laval, Quebec, Canada, and a global operational presence. Our product portfolio encompasses a wide range of aluminum derivatives, including ultra-pure alumina (4N - 5N) and high-purity alumina (3N), all manufactured at our production facilities in Cap-Chat, Quebec, Canada. At Advanced Energy Minerals, we bring a unique blend of expertise, innovation, and collaborative teamwork to tackle challenges across various industries. Our dedication to sustainability is further reinforced by an external audit certification, which confirms that our production site has achieved a zero CO2 emissions footprint for Scope 1 and 2 emissions.

Learn more at https://aemcanada.com/.

Contact for Journalists
Narine Grigoryan
PR & Communications
ngrigoryan@aemcanada.com
Follow us on LinkedIn https://www.linkedin.com/company/aem-canada-inc/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/183750

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.