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Rio Tinto backs its green aluminium to see off Indonesian supply surge

Published by Australian Financial Review · Australia 8 h ago
Rio Tinto backs its green aluminium to see off Indonesian supply surge
Australian Financial Review

Detailed summary

Rio Tinto aluminium chief Jerome Pecresse says demand for low-carbon aluminium is growing and will protect Australia’s taxpayer-supported smelters against a looming supply surge…

Rio Tinto aluminium chief Jerome Pecresse says demand for low-carbon aluminium is growing and will protect Australia’s taxpayer-supported smelters against a looming supply surge from new Indonesian competitors.

As Prime Minister Anthony Albanese prepares to tell the United Nations climate summit about his government’s $4.8 billion spend on clean energy for domestic aluminium smelters, Indonesia’s coal-fired aluminium sector is planning to grow production six-fold over the next four years.

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