The federal government has announced $91 million in grants for emissions reduction projects through the Powering the Regions Fund to companies including Incitec Pivot, Viva Energy Australia and the owners of the Boyne Aluminium Smelter. In a statement on Friday from ministers Ed Husic and Chris Bowen, it was said that the projects would lead…
Rio Tinto boosts stake in Australia’s second-largest smelter Rio Tinto has acquired Japanese conglomerate Mitsubishi Corporation’s interest in the Boyne Island aluminium smelter. It bought the 11.65 per cent interest in Boyne Smelters, which owns and operates the Gladstone, QLD based smelter, for an undisclosed sum. The acquisition follows Rio Tinto’s agreement to purchase shares in…
Miner and aluminium producer Rio Tinto has doubled down on its moves to decarbonise the aluminium production chain announcing a second and Australia’s largest renewable power purchase agreement (PPA) to supply its Gladstone operations in Queensland. The company has agreed to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project. The…
