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Rio to snap up Mitsubishi's stake in Boyne aluminium smelter

The purchase, along with a deal for Sumitomo’s stake in late May, will take Rio’s ownership to 73.5%

Joshua Smith
Boyne Smelters operations in Gladstone. Credit: Rio Tinto

Boyne Smelters operations in Gladstone. Credit: Rio Tinto

Rio Tinto is further consolidating its ownership of the Boyne aluminium smelter in Queensland's Gladstone region with a deal to buy out Mitsubishi Corp's 11.65% stake for an undisclosed price.   It...

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