Century-old hydroelectric power plant in Quebec gets $1.2B boost from Rio Tinto

Rio Tinto (ASX: RIO) announced Thursday it is investing C$1.7 billion ($1.2 billion) to modernize its Isle-Maligne hydroelectric power plant in Alma, Quebec, first commissioned in 1926. This is Rio Tinto’s largest single investment in its hydroelectric assets since the 1950s,...