One of the leading engineering/construction groups in the world, SNC-Lavalin provides engineering, procurement, construction, construction-management, project-management, operations and maintenance, and project-financing services to a variety of industry sectors, including infrastructure, environment, mass transit, mining and metallurgy, chemicals and petroleum, power and water.
The SNC-Lavalin companies have offices across Canada and in over 35 other countries around the world and are currently operating in some 100 countries. In business since 1911, the company celebrates its 100th anniversary in 2011.
In 2007, Rio Tinto acquired the Canadian aluminum producer Alcan Inc. in a $38-billion bid to become the global leader in aluminum. In December 2009, Rio Tinto Alcan and Paraguay’s national electricity entity, Administración Nacional de Electricidad (ANDE), signed a Letter of Intent to confirm that they will begin negotiating an agreement to purchase power for a potential US$3.5-billion dollar investment in an aluminum smelter. This would be the single-largest private investment in the country’s history—a transformative project for Paraguay. If the project proceeds, construction could start in 2014, with the smelter coming online in 2017. Significant Canadian sales of goods and services would be associated with the project.
Rio Tinto is a leading international mining group, combining Rio Tinto plc, a London-listed public company headquartered in the U.K., and Rio Tinto Limited, which is listed on the Australian Securities Exchange, with executive offices in Melbourne. The two companies are joined in a dual-listed companies (DLC) structure as a single economic entity called the Rio Tinto Group. The Rio Tinto Group is listed on the London and New York stock exchanges. Rio Tinto comprises five principal product groups—Aluminium, Copper, Diamonds & Minerals, Energy and Iron Ore—plus two support groups, Technology & Innovation and Exploration.