Anthony AlbaneseAustralia newsAustralian politicsBusinessChris MinnsEnergyEnvironment

Massive bailout for Australia’s largest aluminium smelter to be announced by PM and NSW premier

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This story was selected and curated by our editorial team in the Anthony Albanese category. Published on August 12, 2026 • Originally reported by Tom McIlroy and Penry Buckley. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Rio Tinto said in December it may cease operations at the Tomago aluminium smelter at the end of its current electricity supply contract

Anthony Albanese and the New South Wales premier, Chris Minns, will mount a major bailout of Australia’s largest aluminium smelter, in a deal worth $2.5bn.

Resources giant Rio Tinto said in December it was contemplating ceasing operations at the Tomago aluminium smelter, located north-west of Newcastle, at the end of its current electricity supply contract.

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