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Top Stories

Rio Tinto

Australia nears Tomago aluminium rescue as PM joins final funding talks
Sustainability
Australia is edging closer to securing the future of Rio Tinto-controlled Tomago aluminium smelter. Prime Minister Anthony Albanese has stepped into final negotiations with New South Wales (NSW) Premier Chris Minns over a long-term funding package to keep the facility operating beyond 2028, when its current electricity contract expires. An announcement is expected in August, after a long period of negotiations between the Federal and NSW governments over cost-sharing of subsidised electricity ...
Rio Tinto’s Bell Bay aluminium smelter misses green credit despite clean power
Sustainability
Rio Tinto-operated Bell Bay Aluminium, Australia’s only predominantly renewable-powered, green aluminium smelter, has been left out of the Federal Government’s AUD 2 billion (USD 1.39 billion) Green Aluminium Production Credit scheme. As a result, the facility faces renewed pressure as it races to secure a long-term electricity agreement before the end of the year. The Tasmanian smelter, which has operated since 1955 and has an annual production capacity of 187,000 tonnes, relies largely on h ...

Primary AL
The Rio Tinto-owned aluminium smelter is still negotiating a new power supply agreement with state-owned Hydro Tasmania. The current agreement expires on December 31, and industry sources indicate Rio Tinto has set the end of August as the deadline to reach a new deal before considering closure of the facility. The uncertainty comes shortly after the closure of the Liberty Bell Bay manganese smelter, raising concerns about the future of heavy industry in northern Tasmania. Bell Bay Aluminium ...
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