Business

Australian Smelter Deal

Updated 2026-08-13 05:10 UTC 1 source Neutral

Rio Tinto has struck a $2.5 billion taxpayer bailout deal with the federal and NSW government to decarbonize its largest aluminum smelter, ensuring it runs on renewables by 2023.

Coverage timeline — 1 article
The Guardian
Rio Tinto makes power supply deal with federal and NSW government to cut emissions and decarbonise, preventing potential closure<a href="https://www.theguardian.com/australia-news/live/2026/aug/13/australia-politics-live-news-bargaining-meta-tiktok-housing-migration-question-time-a
2026-08-13 05:00 UTC
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