\tKey facts: Rio Tinto faces Tomago Aluminium risk; shares rise 0.7%; retains iron ore lead \u2014 TradingView News<\/p>\n
\tRio Tinto’s 52% stake in Tomago Aluminium, Australia’s largest smelter, is at risk due to potential closure when its power agreement ends in 2028 amid energy supply challenges.1<\/a>2<\/a>Rio Tinto’s shares increased by 0.7%, aligning with a broader gain in the mining sector, driven by rising iron ore prices after China’s announcement of new regulations to limit steelmaking capacity.3<\/a>Rio Tinto currently holds the title of the world’s largest iron ore producer, as stated by Vale’s CEO, Gustavo Pimenta, who announced plans for Vale to reclaim this position within the year.4<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Key facts: Rio Tinto faces Tomago Aluminium risk; shares rise 0.7%; retains iron ore lead \u2014 TradingView News…\n","protected":false},"author":2,"featured_media":88072,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-109799","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/109799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=109799"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/109799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/88072"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=109799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=109799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=109799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}