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Rio Tinto puts aluminium smelter in Iceland up for review

Reuters - UK Focus

Feb 12 (Reuters) - Rio Tinto on Wednesday said it would review its ISAL aluminium smelter in Iceland and consider options including closure and curtailment.

The Anglo-Australian miner said it expects the smelter to remain unprofitable in the short to medium term, citing challenging conditions in the aluminium industry and the smelter's "uncompetitive energy costs". (Reporting by Shriya Ramakrishnan in Bengaluru, editing by Louise Heavens)