Elysis

The federal and Quebec governments, Apple, Alcoa and Rio Tinto are investing in a joint venture called Elysis to commercialize a carbon-free aluminum smelting process that produces oxygen instead of greenhouse gases.

Alcoa and Rio Tinto formed a joint venture, Elysis, to develop and commercialize a carbon-free aluminum smelting process, with a $558 million project investment, headquartered in Quebec, creating 100 direct jobs and potential for 1,000 more by 2030.

Alcoa and Rio Tinto announced a joint venture, Elysis, to develop and commercialize a carbon-free aluminum smelting process. The JV will be headquartered in Montreal with a research facility in Saguenay–Lac-Saint-Jean, Quebec. Governments of Canada and Quebec and Apple invested CAD 188 million. Technology package planned for sale from 2024.