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People familiar with the matter revealed that after lengthy negotiations, Rio Tinto, the majority shareholder of the Tomago aluminum smelter, and its partners will receive financial support from the Australian federal government and the NSW government. The relevant aid plan is expected to be announced on Thursday, including more details of financial support and future operation plans for the smelter. The relevant plants are currently under pressure from high energy costs.
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People familiar with the matter revealed that after lengthy negotiations, Rio Tinto, the majority shareholder of the Tomago aluminum smelter, and its partners will receive financial support from the Australian federal government and the NSW government. The relevant aid plan is expected to be announced on Thursday, including more details of financial support and future operation plans for the smelter. The relevant plants are currently under pressure from high energy costs.
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