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Rio Tinto to shutter New Zealand aluminium smelter, putting jobs and economy in peril

Updated : July 09, 2020 10:21 AM IST

The smelter is a joint venture, with Rio holding a 79.4 percent stake and Japan's Sumitomo Chemical Co holding 20.6 percent.
Finance Minister Grant Robertson said the decision by Rio Tinto, the world's biggest iron ore miner, was "disappointing" and the timing could not be worse.
Rio Tinto to shutter New Zealand aluminium smelter, putting jobs and economy in peril

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