The Albanese Labor Government announces a A$2B investment in the Australian-made aluminum industry. A new Green Aluminium Production Credit will provide targeted support to Australian aluminum smelters switching to reliable, renewable electricity before 2036. Facilities will be eligible for support for every tonne of clean, reliable Australian-made aluminum they make over a period of 10 years. Four aluminum smelters currently operate in the country, two owned by Rio Tinto (RIO), one by Alcoa (AA), and one by CSR and Hydro Aluminum.
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