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Tuesday, February 3, 2026

Australia’s Largest Aluminium Smelter Faces Uncertain Future Amid Soaring Energy Costs

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Australia’s Largest Aluminium Smelter Faces Uncertain Future Amid Soaring Energy Costs

Mining giant Rio Tinto’s corporate office in Perth, Australia on Sept. 20, 2025. Wade Zhong/The Epoch Times

Australia’s largest aluminium smelter, Tomago Aluminium, has launched a consultation process with employees as it considers the possible closure of its operations, citing an inability to secure affordable electricity beyond 2028.

The Hunter Valley-based facility, which produces nearly 40 percent of Australia’s aluminium, said despite two years of market sounding, it has not identified a viable energy contract once its current supply deal with AGL expires in December 2028.

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