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Rio Tinto wants bailout for Australian aluminum smelter (RIO)


La Cour Rio Tinto sign at their office in Montreal, QC, Canada.

Jhvephoto

Australia’s tomago aluminum smelter, majority-owed by Global Mining Giant Rio TintoNYSE:RIO), is in discussions with state and government officials to secure a multibillion-dollar bailout package to offset rising energy costs, The Australian Financial Review reported.

Negotiations have focused on



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