Lates News

According to foreign media reports citing informed sources, the owners of large aluminum smelters in Australia, including Rio Tinto, are expected to receive government assistance to maintain plant operations. The relevant plants are currently facing high energy cost pressures. Sources indicate that after prolonged negotiations, the majority shareholders of the Tomago aluminum smelter, Rio Tinto and its partners, will receive financial support from the Australian federal government and the New South Wales state government. The aid plan is expected to be announced on Thursday and will include more details on funding support and the future operations plan for the smelter.