Rio Tinto Aluminium
Rio Tinto Aluminium (previously known as Comalco) is now known as Rio Tinto Alcan after Rio's takeover of Alcan. It was the world's eighth largest aluminium company. It mines and manufactures bauxite, alumina and primary aluminium.
| Parent | Rio Tinto Group |
|---|
Rio Tinto Aluminium is a wholly owned subsidiary of Rio Tinto Group and provides about 20% of Australia's total production of bauxite, 8% of its alumina and 24% of its primary aluminium.
In 2002, Rio Tinto Aluminium earned US$256 million for its shareholder Rio Tinto.
In 2006 Rio Tinto Aluminium was the largest receiver of budgetary assistance from the Australian government, Rio Tinto Aluminium had received over $287 million in assistance from Australian tax dollars.
RTA owns the Weipa Bauxite mine, Yarwun Alumina Refinery, and Bell Bay aluminium smelter.
It also has interests (manages or joint-venture) in other aluminium related businesses:
- Boyne Smelters Ltd (aluminium smelter)
- New Zealand Aluminium Smelters Limited (Tiwai Point aluminium smelter)
- Queensland Alumina Limited (alumina refinery)
- Gladstone Power Station (power station)
- Anglesey Aluminium (aluminium smelter – closed September 2009)
- Eurallumina SpA (alumina refinery)(Now sold)
Litigation
- Commonwealth Aluminium Corporation Ltd v Attorney-General of Queensland [1976] Qd R 231 (Comalco Case)