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Rio Tinto Reaches Deal to Continue Aluminium Smelter Operations in Tasmania until 2031

MT Newswires·09/30/2026 23:14:37
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11:14 PM EDT, 09/30/2026 (MT Newswires) -- Rio Tinto Group (RIO.L) reached an agreement with the Tasmanian and Australian governments to continue operating its 100%-owned Bell Bay Aluminium smelter in Tasmania until 2031. The mining giant said Thursday that Hydro Tasmania will continue supplying electricity to the smelter until Dec. 31, 2031, with the Tasmanian and Australian governments providing support to continue operations.