financetom
Business
financetom
/
Business
/
Rio Tinto Plans to Cut Yarwun Alumina Output by 40%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rio Tinto Plans to Cut Yarwun Alumina Output by 40%
Nov 17, 2025 2:55 PM

05:30 PM EST, 11/17/2025 (MT Newswires) -- Rio Tinto (RIO) said Monday it will reduce production at its Yarwun alumina refinery in Gladstone by 40% starting in October 2026 to extend the operation's life to 2035.

The tailings facility is expected to hit capacity in 2031, and the cut will trim annual output by about 1.2 million tonnes and impact around 180 roles, with redeployment planned, according to a statement.

Rio Tinto said customer supply and other operations will not be affected.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nike to raise prices by next week, to return to selling on Amazon, media reports say
Nike to raise prices by next week, to return to selling on Amazon, media reports say
May 26, 2025
May 21 (Reuters) - Nike ( NKE ) is set to raise prices on several of its products starting next week and will also return to selling its products at online retail giant Amazon ( AMZN ) , according to media reports, as President Donald Trump's tariffs disrupt global supply chains and impact retailers' profits. The company, which sources a...
Pentagon chief Hegseth meets Musk for second time at Pentagon
Pentagon chief Hegseth meets Musk for second time at Pentagon
May 26, 2025
WASHINGTON, May 21 (Reuters) - U.S. Defense Secretary Pete Hegseth met billionaire Elon Musk at the Pentagon on Wednesday, officials said, the second known time the close ally of President Donald Trump has visited the Pentagon. The Secretary met with Elon Musk and other members of the X AI team this morning, Pentagon spokesperson Sean Parnell said in a statement....
ClearOne Plans 1-for-15 Reverse Stock Split to Regain Nasdaq Compliance
ClearOne Plans 1-for-15 Reverse Stock Split to Regain Nasdaq Compliance
May 26, 2025
05:35 PM EDT, 05/21/2025 (MT Newswires) -- ClearOne ( CLRO ) said Wednesday that it plans to implement a 1-for-15 reverse stock split of its issued and outstanding common shares on June 2, subject to shareholder approval at a special meeting on May 30. The company said the reverse stock split is primarily intended to increase its per-share market price...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved