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Rio Tinto secures future of NZ aluminium smelter, acquires full ownership

Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply agreements. The Tiwai Point smelter, owned and operated New Zealand Aluminium Smelters (NZAS), has secured these contracts with key energy providers.

Rio Tinto expands aluminium assets in New Zealand and Australia

BlueScope waives Illawarra pre-emptive rights

The sale of the Illawarra metallurgical business to an entity owned by Sigapore’s Golden Energy and Resources and coal trader M Resources remains on track to be completed in the first half of the 2025 financial year. Diversified miner South32 reported on Tuesday Australian steelmaker Bluescope had waived its pre-emptive right to the assets.

ASX: NTU China-linked entity Yuxiao Fund ousts Northern Minerals boss Nick Curtis

ASX: NTU China-linked entity Yuxiao Fund ousts Northern Minerals boss Nick Curtis
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