【SMM Aluminum Flash News】Arctial Announces Plans for First Aluminum Production in Northern Finland by 2029

Published: May 15, 2026 16:50

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On Tuesday, May 12, the Arctial aluminum smelter project in northern Finland announced plans to produce its first batch of aluminum in the second half of 2029, a project expected to boost domestic aluminum production capacity in Europe. Maxime Vandersmissen, Arctial's Chief Commercial Officer, stated at the CRU World Aluminium Congress in London that this timeline is contingent on a final investment decision being reached by 2027 for the greenfield project, designed to have an annual capacity of 610,000 tons. Arctial will be the first new primary aluminum project built on the European continent in over 30 years, but it will still not be able to fully meet Europe's import demand.

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