Aluminium
Product
390
Employees
184KT
Production
100%
Ownership
1969
Launched
2019 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
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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14 September 2018
Hydro terminates offer for Rio Tinto aluminium assets
Rio Tinto has been informed by Hydro that it has withdrawn its offer to acquire the ISAL smelter in Iceland, its 53.3 per cent share in the Aluchemie anode plant in the Netherlands and its 50 per cent share in the Aluminium fluoride plant in Sweden, announced on 26 February 2018.
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26 February 2018
Rio Tinto receives a binding offer for aluminium assets
Rio Tinto has received a binding offer from Hydro of $345 million, subject to final adjustments, to acquire Rio Tinto’s ISAL smelter in Iceland, its 53.3 per cent share in the Aluchemie anode plant in the Netherlands and its 50 per cent share in the Aluminium fluoride plant in Sweden.
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$43.2M
Taxes & Royalties (2018 figure)
$49.74M
Local Procurement
2019 figures
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