Rio Tinto completed the acquisition of an additional 11.65% stake in Boyne Smelters from Mitsubishi.

Rio Tinto, a global mining group that focuses on finding, mining and processing mineral resources, completed the acquisition of an additional 11.65% stake in Boyne Smelters, Australia's second largest aluminium smelter, from Mitsubishi, a global integrated business enterprise. Financial terms were not disclosed. Rio Tinto looks forward to continuing to work with its BSL joint venture partners and other stakeholders on securing a competitive low-carbon future for its Gladstone operations.