Rio tinto completes acquisition of mitsubishi's 11.65% stake in the boyne aluminium smelter

Melbourne, australia--(business wire)--rio tinto's previously announced acquisition of mitsubishi corporation's (mitsubishi) 11.65% interest in boyne smelters limited (bsl) was completed on 30 september 2024. bsl owns and operates the boyne island aluminium smelter in gladstone, australia. following completion of the transaction, rio tinto's interest in bsl is now 71.04%. rio tinto looks forward to continuing to work with its bsl joint venture partners and other stakeholders on securing a compe.
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