Labor digging into taxpayers' pockets to bail out Rio Tinto again
www.abc.net.au
The government can't hide its frustration with Rio Tinto but at the same time, it's preparing to dip deeper into taxpayers' pockets to help the company out. Again.

In short:

The Australian Labor Party government is preparing to step in to support the Tomago Aluminium smelter in New South Wales — despite rising frustration with majority owner Rio Tinto.

What’s next?
The government says “all options” are on the table — including subsidising energy bills or taking a direct stake — while insisting no blank cheque will be written.

  • deadbeef79000@lemmy.nz
    2·
    18 days ago

    They did exactly that after shuttering the tiwai point smelter in NZ.

    After throwing a tantrum about energy pricing.