Australia’s largest aluminium smelter Tomago ‘not commercially viable’ and facing closure, says Rio Tinto

Consultation over future pathway with employees as smelter struggles with high power pricesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastRio Tinto says it is contemplating ceasing operations at its New South Wales-based Tomago aluminium smelter at the end of its current electricity supply contract.The Tomago aluminium smelter, Australia’s largest, had been struggling with high power prices. It had started a consultation process with employees on the potential future of its operations, but was yet to reach a decision and is weighing a possible closure. Continue reading...