MELBOURNE, Oct 31 (Reuters) - Rio Tinto (RIO) said on Thursday that the current power situation for its Australian aluminium assets was not sustainable because prices were too high.
"The smelters ... do lag internationally competitive prices which undermines the viability of the asset," head of aluminium Alf Barrios said.
He said Rio was speaking with power providers and the government. "I’m not going to speculate on the outcome but clearly the current situation is not sustainable," he said.
MELBOURNE, Oct 31 (Reuters) - Rio Tinto (RIO) said on Thursday...
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Last
$115.44 |
Change
1.200(1.05%) |
Mkt cap ! $42.85B | |||
| Open | High | Low | Value | Volume |
| $114.00 | $116.08 | $113.56 | $130.6M | 1.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2068 | $115.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.61 | 7000 | 1 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |