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Rio Tinto Australia Aluminum Plant Gets $1.8 Billion Bailout
2 outlets - including Ft and Bloomberg - are covering this story. Taxpayer funding follows similar deals by Anthony Albanese’s government to save vulnerable industrial operations
Covered by 2 outlets
All coverage · 2 articles
Financial Times - Markets
·Aug 13, 03:15 UTC
Rio Tinto gets $1.8bn bailout for Australia’s biggest aluminium smelter
Taxpayer funding follows similar deals by Anthony Albanese’s government to save vulnerable industrial operations
Bloomberg Markets
·Aug 12, 21:21 UTC
Rio Tinto Australia Aluminum Plant Gets $1.8 Billion Bailout
The owners of Australia’s biggest aluminum smelter, including Rio Tinto Group, have secured a A$2.5 billion ($1.8 billion) government bailout to keep the plant operating as they grapple with high energy costs.