May 20 (Reuters) - Rio Tinto (RIO) has declared force majeure on alumina cargoes from its refineries in Queensland, Australia, due to shortages of natural gas for its operations, Bloomberg News reported on Monday, citing people familiar with the matter.
A regional shortage of gas has left plants unable to run properly, and the company in March said it had been assessing the impact of fires in Queensland on the gas pipeline that supplies the plant.
Rio produces alumina, the raw materials used to make aluminum, at its Yarwun refinery in Gladstone and at Queensland Alumina, a joint venture with Russia's United Co. Rusal International PJSC, the report said.
However, the force majeure would only affect sales of alumina to third parties, with the company's own aluminum operations remaining unaffected, Bloomberg News said.
Rio Tinto's spokespersons in Canada were not immediately available to respond to Reuters requests for comment.
May 20 (Reuters) - Rio Tinto (RIO) has declared force majeure...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$113.45 |
Change
-2.360(2.04%) |
Mkt cap ! $42.05B | |||
| Open | High | Low | Value | Volume |
| $112.71 | $114.43 | $112.01 | $74.72M | 659.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | $113.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.46 | 85 | 4 |
View Market Depth
| Last trade - 11.36am 31/07/2025 (20 minute delay) ? |
| RIO (ASX) Chart |