Tomago shareholders Rio Tinto and CSR hoe in over "too high" power prices

Ian Kirkwood
By Ian Kirkwood
Updated April 14 2021 - 2:29pm, first published July 9 2020 - 7:00pm
POWER PLAY: Tomago Aluminium chief executive Matt Howell and Rio Tinto managing director Jean Sebastien-Jacques, speaking earlier this year. Power costs, and falling demand because of COVID, are major aluminium risks.

THE future of the Tomago Aluminium smelter is again in the spotlight after its biggest shareholder, Rio Tinto, announced its intention to shut its Tiwai Point smelter in New Zealand in August next year because of electricity costs.

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Ian Kirkwood

Ian Kirkwood

Journalist

Reporting journalist at the Newcastle Herald since 1987. Editorial writer, general reporter, industrial relations, industry and coal.