Australia prepares up to $2.5bn bailout for Rio Tinto's Tomago aluminium smelter

Australian federal and state leaders are negotiating a major subsidy to keep Rio Tinto's largest aluminium smelter operating beyond its current electricity contract, addressing concerns over job losses and industrial capacity.

First covered Aug 11, 2026 · 9:29 PM PT · 1 article

Australia prepares up to $2.5bn bailout for Rio Tinto's Tomago aluminium smelter — Image via theguardian.com

Coverage

5h Guardian Environment Massive 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 Follow our Australia…

More coverage from around the web

rnz.co.nz Rio Tinto in bailout talks for Australian aluminium smelter, AFR reports | RNZ News

indexbox.io Rio Tinto in Talks for Government Bailout for Tomago Smelter - News and Statistics - IndexBox

skillings.net Rio Tinto Smelter Bailout Talks: Will Australia Save Tomago Aluminium?

aluminium-journal.com Bailout for Australian aluminium smelter? | International Aluminium Journal

tipranks.com rio tinto seeks government bailout for tomago aluminum smelter bloomberg says thefly

Appeared in: 2026-08-12 (#13)

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