Massive bailout for Australia’s largest aluminium smelter expected to be announced by PM and NSW premier
3 sources·Updated August 12, 2026
Covered by 3 sources
- Financial Post·1h agoRio Tinto Aluminum Smelter to Get Australian Government Bailout
The owners of Australia’s biggest aluminum smelter, including Rio Tinto Group, are set to receive a government bailout to keep the plant operating as it grapples with high energy costs, according to people familiar with the matter.
Read at Financial Post → - ABC Just In AU·1h agoAustralia's largest aluminium smelter expected to get emergency bailout
The prime minister and NSW premier are expected to announce a bailout for the country's largest aluminium smelter tomorrow.
Read at ABC Just In AU → - Guardian World·1h agoMassive bailout for Australia’s largest aluminium smelter expected to be announced by PM and NSW premier
Rio Tinto said in December it may cease operations at the Tomago aluminium smelter at the end of its current electricity supply contract Anthony Albanese and the New South Wales premier, Chris Minns, are preparing to mount a major bailout of Australia’s largest aluminium…
Read at Guardian World →
