Industry News

Government intervenes to save Tomago Aluminium smelter and 1,000 jobs

Views : 91
Update time : 2025-12-16 19:20:20
More than 1,000 jobs have been secured at the Tomago Aluminium smelter, the largest in Australia, in a new agreement between the federal and NSW state governments and the plant owners.

The smelter, majority-owned by Rio Tinto, faced closure after 2028 due to surging energy costs upon the expiry of its coal power contract.

Prime Minister Anthony Albanese announced the deal, which will provide the facility with secure, clean energy and includes commitments for future investment. Albanese said that keeping the smelter open is important for national manufacturing and job security.

The full details will be finalized in the coming months.
Related News
Read More >>
IBAAS 2026 special technical sessions: Driving future-ready aluminium solutions in India and beyond IBAAS 2026 special technical sessions: Driving future-ready aluminium solutions in India and beyond
Feb .15.2026
IBAAS 2026 special technical sessions: Driving future-ready aluminium solutions in India and beyond
Trimet invests in the circular economy to boost European aluminium supply security Trimet invests in the circular economy to boost European aluminium supply security
Feb .15.2026
Trimet invests in the circular economy to boost European aluminium supply security
Chinese aluminium industry adjusts production amid high prices and holiday breaks Chinese aluminium industry adjusts production amid high prices and holiday breaks
Feb .15.2026
Chinese aluminium industry adjusts production amid high prices and holiday breaks
Metal prices crash as Trump scales back steel, aluminum tariffs Metal prices crash as Trump scales back steel, aluminum tariffs
Feb .15.2026
Metal prices crash as Trump scales back steel, aluminum tariffs