Bloomberg
Rio Tinto Aluminum Smelter Gets $1.8 Billion Australian Bailout
Wednesday, August 12, 2026
Rio Tinto Group and other owners of Australia's largest aluminum smelter secured A$2.5 billion in government support to maintain operations at the facility, which has faced elevated energy expenses. The funding was provided by the Australian government to address the smelter's financial challenges related to power costs.
