Colombia is cementing its position as a sustainability leader in Latin America, expanding its influence beyond renewable energy and greenhouse gas reduction into aluminium production. Inspired by global leaders like the United Arab Emirates, France, Canada, and Norway, the country is advancing industrial sustainability through the GALTCO Colombia project.
The Green Aluminium Production Complex, or GALTCO, is a pioneering initiative to establish a primary aluminium smelter with an annual production capacity of 300,000 metric tonnes. Located in Tolú, a strategic town on Colombia’s Caribbean coast in the Gulf of Morrosquillo region, the project represents a collaboration between Colombia’s National Government and the regional administrations of Sucre and Córdoba.
Tolú offers a strategic advantage for industrial development, with a fully operational port, integration into the National Electric Interconnected System (SIN), high solar radiation, and excellent logistical connectivity. The area also hosts ECOPETROL’s facilities and significant natural gas reserves, making it an ideal location for the GALTCO complex. The project is expected to drive industrial growth, facilitate knowledge transfer, and create skilled employment opportunities.
Powered by a highly decarbonised energy matrix—80% reliant on renewable energy—GALTCO’s operations will be supported by electricity from SIN and a dedicated Photovoltaic Solar Farm. The initiative, in partnership with Electricité de France (EDF), will produce aluminium with an estimated carbon footprint of just 5 tonnes of CO2 per tonne of aluminium, significantly lower than the global average. This clean energy approach positions Colombia as a competitive player in sustainable industrialisation.
GALTCO represents a $3 billion investment, with 30-35% allocated to local contracts, injecting approximately $1 billion into Colombian businesses. Aluminium exports from the project are expected to surpass $1 billion annually, contributing to Colombia’s economic diversification and reducing reliance on imported raw materials. According to Andrés Rojas, Country Manager of GALTCO Colombia, “This project consolidates Colombia as a key player in the circular economy and sustainable industrial innovation.”
Leveraging Colombia’s network of 18 free trade agreements, including one with the United States, the project aims to position the country as a leading aluminium exporter. ProColombia, the national investment promotion agency, underscores the project’s potential to advance territorial development, foster economic growth, and promote sustainability.
The initiative will take a significant step forward on January 29th, when GALTCO and the Governor of Sucre sign a Memorandum of Understanding (MoU) to commence feasibility and support studies. With its innovative approach and strategic location, GALTCO is poised to transform Colombia into a leader in aluminium production and a model of sustainable industrialisation.
By Sarnali Chakraborty