Federal and NSW governments to split $2.5 billion Tomago Aluminium bailout | ABC NEWS
The New South Wales and federal governments have agreed to spend $2.5 billion over 10 years to secure the future of Australia’s largest aluminium smelter, Tomago Aluminium.
The smelter’s owner, Rio Tinto, threatened closure from 2029 amid the rising cost of renewable and coal-fired power.
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Read more here: https://www.abc.net.au/news/2026-08-12/aluminium-smelter-bailout-cost-two-and-half-billion-dollars/107030522
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