Jul 30, 2026 – 8.00pmPrime Minister Anthony Albanese has stepped in to negotiate directly with NSW Premier Chris Minns about how much money his state will contribute to keep the Rio Tinto-controlled Tomago aluminium smelter open beyond 2028 by using taxpayer-subsidised power bought from Snowy Hydro.After months of sometimes fractious negotiations between the Albanese and Minns governments, sources familiar with the deal but not authorised to speak publicly said an announcement on saving the major employer near Newcastle was expected in August.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Albanese steps in to hash out final deal to save Tomago
After months of sometimes fractious negations between the Albanese and NSW Minns governments, a deal to save the smelter and its 1000 jobs is expected to be unveiled in August.
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