NEWCASTLE, Australia-- Tomago Aluminium has welcomed today's announcement with the Federal and New South Wales Governments to explore a new pathway to support reliable, long-term and competitively priced energy for the smelter beyond 2028.
The announcement reflects constructive engagement between Tomago and the Federal and New South Wales Governments to address the smelter's energy challenges after its current electricity contract expires.
Tomago Aluminium Chief Executive Officer Jerome Dozol said: "We are grateful to both the Federal and New South Wales Governments for their commitment and partnership in working to address our energy challenges.
"Today's development represents a significant milestone in our ongoing engagement with many stakeholders working towards this shared goal. It reflects our collective recognition of the importance of maintaining local manufacturing capability in Australia.
"We look forward to working collaboratively with government on this next phase."
Additional information
- Founded in 1983, Tomago Aluminium Company is Australia's largest aluminium smelter, producing up to 590,000 tonnes of aluminium a year - almost 40 per cent of Australia's annual aluminium production.
- Tomago Aluminium is an independently managed joint venture owned by Rio Tinto (51.55 per cent), Gove Aluminium Finance Ltd (36.05 per cent), and Norsk Hydro (12.40 per cent).
- The smelter directly employs around 1,000 people, alongside 200 full-time equivalent contractors, and supports an estimated 5,000 indirect jobs.
- The smelter is located at Tomago, NSW, approximately 13 kilometres west of Newcastle.
- Tomago Aluminium's existing electricity supply contract with AGL expires in December 2028.
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