Rio Tinto Aluminum Smelter to Receive Australian Government Bailout
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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.
This financial assistance aims to address the challenges posed by soaring energy prices that have impacted the smelter's operations.
Rio TintoAustralian Government
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“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.”
Bloomberg — Rio Tinto Aluminum Smelter to Get Australian Government Bailout