Tomago’s meltdown has nothing to do with renewables

Tomago's Meltdown and the Reality of Renewables

Rio Tinto's negotiations with governments over the future of its Tomago aluminium smelter have become a high-stakes drama.

The narrative that blames renewable energy for higher prices is incorrect. In reality, facilities become more expensive as they age.

facilities get more expensive as they age

The true causes of Tomago's struggles have been distorted by critics who are misinformed about the issues.

Author's summary: Tomago's meltdown is not caused by renewables, but by aging facilities.

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Australian Financial Review Australian Financial Review — 2025-10-31

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