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AAP
AAP
Business
Marion Rae

Aussie aluminium next on chopping block, Rio warns

Rio Tinto has reported a nine per cent drop in underlying earnings of $US23.9 billion. (Richard Wainwright/AAP PHOTOS)

Anglo-Australian resources giant Rio Tinto says the future of the Australian aluminium industry rests with federal and state governments which must provide competitively priced and reliable power.

As the west's largest producer of aluminium, and aiming to halve company emissions by 2030, Rio Tinto has secured solar and wind offtake agreements to potentially re-power its coal-dependent smelter and refineries in Gladstone.

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