# Massive bailout expected for Australia's largest aluminium smelter

Australia's prime minister and the New South Wales premier are expected to announce a major bailout for the country's largest aluminium smelter. The move aims to protect thousands of jobs and secure the future of an energy-intensive industry facing high costs and transition pressures.

**Importance:** 4/5

## Sources

### World
- [The Guardian World](https://www.theguardian.com/australia-news/2026/aug/12/massive-bailout-for-australias-largest-aluminium-smelter-expected-to-be-announced-by-pm-and-nsw-premier) — Wed, 12 Aug 2026 04:29:45 GMT
- [The Guardian World](https://www.theguardian.com/business/2026/aug/13/rio-tinto-australia-tomago-aluminium-2bn-bailout-deal-renewable-energy) — Thu, 13 Aug 2026 05:00:25 GMT