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MELBOURNE, Australia–(BUSINESS WIRE)–Rio Tinto’s beforehand introduced acquisition of Mitsubishi Company’s (Mitsubishi) 11.65% curiosity in Boyne Smelters Restricted (BSL) was accomplished on 30 September 2024. BSL owns and operates the Boyne Island aluminium smelter in Gladstone, Australia.
Following completion of the transaction, Rio Tinto (NYSE:)’s curiosity in BSL is now 71.04%.
Rio Tinto seems to be ahead to persevering with to work with its BSL three way partnership companions and different stakeholders on securing a aggressive low-carbon future for its Gladstone operations.
Beforehand introduced acquisitions by Rio Tinto of Sumitomo Chemical Firm’s (SCC) 2.46% stake in BSL, and SCC’s 20.64% curiosity in New Zealand Aluminium Smelters (NZAS), which owns and operates the Tiwai Level aluminium smelter in New Zealand, proceed to progress by numerous circumstances precedent.
The acquisition of Mitsubishi’s stake in BSL was for an undisclosed worth, as can be the case for the agreed acquisitions of SCC’s stakes in BSL and NZAS.
View supply model on businesswire.com: https://www.businesswire.com/information/house/20241001119454/en/
Please direct all enquiries to media.enquiries@riotinto.com
Media Relations, United KingdomMatthew KlarM +44 7796 630 637David OuthwaiteM +44 7787 597 493
Media Relations, AustraliaMatt ChambersM +61 433 525 739Alyesha AndersonM +61 434 868 118Michelle LeeM +61 458 609 322Rachel PupazzoniM +61 438 875 469
Media Relations, CanadaSimon LetendreM +1 514 796 4973Malika CherryM +1 418 592 7293Vanessa DamhaM +1 514 715 2152
Media Relations, USJesse RiseboroughM +1 202 394 9480
Investor Relations,United KingdomDavid OvingtonM +44 7920 010 978Laura BrooksM +44 7826 942 797Wei Wei HuM +44 7825 907 230
Investor Relations, AustraliaTom GallopM +61 439 353 948Amar JambaaM +61 472 865 948
Rio Tinto plc6 St James’s SquareLondon SW1Y 4ADUnited KingdomT +44 20 7781 2000Registered in EnglandNo. 719885
Rio Tinto LimitedLevel 43, 120 Collins StreetMelbourne 3000AustraliaT +61 3 9283 3333Registered in AustraliaABN 96 004 458 404
riotinto.com
Class – BSL
Supply: Rio Tinto
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