Rio Tinto buys Mitsubishi’s share of Queensland aluminum smelter

The reordering of Australian and New Zealand alumina and aluminium production assets continues with Rio Tinto announcing it has completed the acquisition of Mitsubishi’s 11.65 percent stake in Boyne Smelters Limited. BSL owns and operates the Boyne Island aluminium smelter in Gladstone, Queensland which manufactures carbon anodes and aluminium, casting 295,000 tonnes of molten metal…