Original article by Matt Chambers
The Australian – Page: 17 & 22 : 20-Jan-17

The rising spot price of electricity in Queensland has prompted the Rio Tinto-controlled Boyne aluminium smelter to reduce annual production by around 45,000 tonnes. While the bulk of its electricity is supplied by the Rio Tinto-backed Gladstone Power Station, some 15 per cent is sourced via the spot market, where the price recently spiked to more than $A12,000 per megawatt hour. Some jobs will also be lost at the Boyne smelter, which has a workforce of about 1,000.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BOYNE SMELTERS LIMITED, GLADSTONE POWER STATION, STANWELL CORPORATION LIMITED, AUSTRALIAN ENERGY REGULATOR, ALCOA INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, VICTORIA. DEPT OF PREMIER AND CABINET