Aluminium
Product
390
Employees
183KT
Production
100%
Ownership
1969
Launched
2020 figures
Hafnarfjörður
Our ISAL aluminium smelter in Hafnarfjörður in Iceland began operations in 1969. Today, it produces 184,000 tonnes of some of the highest quality, lowest carbon footprint aluminium in the world, with 100% of our electricity generated from clean, renewable hydropower, supplied by the power company Landsvirkjun.
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Reducing Emissions
We are committed to continually finding ways to reduce our impact on the environment. One of the ways we do this is by focusing on reducing our emissions of carbon dioxide. Through ongoing education, improved maintenance and use of technology, we have, since 1990, reduced such emissions by around 75% per tonne of aluminium produced.
ISAL Communities
We support and partner with community-led initiatives in Hafnarfjörður. Most of our support and sponsorship focuses on sports development for young people.
We also sponsor the annual Icelandic Optimist Award. The award has a long history in Iceland – it was established in 1981 – and is awarded by the President of Iceland to an Icelandic artist who, through their art, has contributed to an optimistic outlook on life, inspiring others.
Latest ISAL Releases
15 February 2021
Power agreement delivers improved competitiveness for ISAL smelter
LONDON--(BUSINESS WIRE)-- Rio Tinto has reached agreement on an amended power contract that will allow the ISAL aluminium smelter in Iceland to continue operating with an improved competitive position. The agreement with power supplier, Landsvirkjun, will deliver a more competitive power price and energy flexibility that is mutually beneficial for both ISAL and Landsvirkjun. Rio Tinto Alumin
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22 July 2020
Rio Tinto files complaint with Icelandic Competition Authority over ISAL smelter power agreement
LONDON--(BUSINESS WIRE)-- Rio Tinto has today submitted a formal complaint to the Icelandic Competition Authority (ICA) alleging abuse of market dominance by Landsvirkjun, the energy supplier to Rio Tinto’s ISAL aluminium smelter in Iceland. Rio Tinto is asking the ICA to address anti-competitive conduct by Landsvirkjun through discriminatory pricing and long-duration power contracts, so that
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12 February 2020
Rio Tinto to review future of ISAL smelter
LONDON--(BUSINESS WIRE)--Rio Tinto will conduct a strategic review of the ISAL smelter in Iceland, to determine the operation’s ongoing viability and explore options to improve its competitive position. ISAL is expected to remain unprofitable in the short to medium term in the challenging conditions facing the aluminium industry, due to the smelter’s uncompetitive energy costs and historically l
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$12M
Taxes & Royalties
$49.74M
Local Procurement
2020 figures
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