B2 - The Terrace Standard, Wednesday, May 7, 2003 MacCarthy Terrace BC | The North’s #1 GM Dealer is pleased to welcome Tara Salavich to their Sales Team. Tora would like to invite you by to view our inventory of new and used cars, trucks, vans and sport utilities. Leg TERRACE 635-4941 mst 5004 HIGHWAY 16 WEST , j KITIMAT 632-4941 S. nara Sal avich out oF Town customens (1-800-862-3926) ek @ Drive safe MATT Gyorti, 17, and Luke Hargreaves, 18,-are among more than 160 Caledonia Grade 12 stu- dents who have already pledged to not crink and drive curing graduation this year. Paragon Insur- ance donates three dollars per signature to the 2003 dry grad fund. Organizers hope to get 100 per cent participation. Students have until today to make their pledge. SARAH A. ZIMMERMAN PHOTO _ Labour costs negate power advantage, Alcan boss says THE ADVANTAGE of cheap power in smelting aluminum in Kitimat has been devoured by high labour costs, an Alcan official told a business lun- cheon here last week. “Labour is killing the power ad- vantage,” said Louis Delage, Alcan’s director of B.C. operations. Costs have reached the point that the Kitimat smelter ceases to be profitable when aluminum prices dip below US $1,400 per tonne, Delage told chamber of commerce members April 29. . Labour costs here are 60 per cent higher than the world average, he said, noting Chinese workers make 10 per cent of smelter workers in Ki- limat, who earn an average $80,000 per year. Kitimat competes against other smelters in the world that are newer and much more efficient, he added. “When you put it all together at $1,350 per tonne it becomes a neu- tral operation,” he said. That’s the price range the metal is now at. He said prices aren’t fore- cast to rise anytime soon, and alu- minum has tended to follow a long- term downward trend. Delage also pointed to relative labour peace in Quebec, where smelter workers signed a 15-year contract. Kitimat workers tend to sign three year agreements. “There's a strike every three years,” he said. Delage said that in particular is a key obstacle to be overcome before Alcan will proceed with moderniza- tion of its Kitimat smelter. “There are winning conditions that have to be put together and this is one, We have a long way to go with our union.” He said a decision on the future of the Kitimat smelter should take place by about 2006. That's in light of the fact it’s now 49 years old and Alcan smelters are generally retired at age 60. Delage refused to say how far Alcan believes it is legally able to go in selling power. He also sidestepped a question .from mayor Jack Talstra, who asked him to explain whether how the Quebec government treats the com- pany and whether incentives offered there are linked to jobs. Delage would only describe the two pro- vinces policies as “very different.” Company officials also highligh- ted Alcan’s contribution to the north- west, It spent $63 million last year in the northwest, $9 million of that in Terrace with 114 different vendors. Spending on goods and services in the northwest has doubled in the past decade, thanks to evolving pur- chasing policies. eager LOOK FEEL =“ ¢” YOUR Best THIS SPRING! ODY WRAP LOSE 4-15 INCHES TODAY _ - Lee e S-— aie RESHAPE: FOR. THESE EVEN www, tdcanadatrust.com or offers. Soma conditions ond eens © Home Buyer Incentive of up to $750 on the tac Dollar FREE GAME VOUCHER B GO FREE GAME VOUCHER eet , FSR CAIGS PALACE "2 COME ON DOWN...IT’S FREE! 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