Queensland Government and Rio Tinto partnership to support Gladstone’s Boyne Smelters
The agreement announced today represents an important step towards securing a long-term future for
The partnership supports
Highlights of the agreement between the Queensland Government and
- Economic Support: Through its “Energy and Jobs Plan’, the Queensland Government will support BSL’s financial viability from 2029 as the smelter transitions to renewable energy.
-
Operational Commitments & Employment:
Rio Tinto will invest to maintain BSL's full operational capacity, supporting Australia’s ambition to remain a major exporter of aluminium. This ensures BSL, which has an annual production capacity of more than 500,000 tonnes of aluminium and directly employs more than 1000 people, will continue to be a significant contributor to the local,Queensland and national economy.Rio Tinto will also work to expand its coastal shipping capacity, to add a fifth domestically crewed vessel to its existing fleet of four. These ships transport bauxite from the company's Gove and Weipa mines to operations in Gladstone. -
Renewable Energy Investment :Rio Tinto commits to additional sustainable energy investments inQueensland , building on its existing commitments toAustralia's largest solar and wind projects across the State. -
Gladstone Transformation: Support for
Queensland's vision to establish Gladstone as a renewable energy hub, with BSL to develop capabilities to manage power consumption during times of peak demand and strengthen the electricity grid.
The agreement remains contingent on the completion of
“It paves the way for a competitive, green-energy powered BSL, supporting employment and lowering Australia’s carbon footprint. The partnership will support Australia’s status as a leading, global supplier of aluminium at a time when the world needs the metal for the green energy transition.
“While this is a critical part of the puzzle, we have more to do. We will continue to engage with the Federal Government on supportive industry policy to help sustain Australia’s green aluminium sector for the future."
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