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Australian Aluminium Smelter to Get Bailout

Updated 2026-08-12 04:40 UTC 1 source Neutral

The Australian government and the New South Wales premier are preparing a major bailout for Rio Tinto’s Tomago aluminium smelter. The deal aims to prevent potential job losses and maintain operations.

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The Guardian
Rio Tinto said in December it may cease operations at the Tomago aluminium smelter at the end of its current electricity supply contractAnthony Albanese and the New South Wales premier, Chris Minns, are preparing to mount a major bailout of Australia’s largest aluminium smelter, in a deal
2026-08-12 04:29 UTC
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