Activist Investor Stilwell Reaches Agreement with Lake Shore Bancorp, Ending Potential Proxy War

Rio Tinto, Queensland, and Commonwealth Governments have partnered to secure a long-term future for the Boyne aluminium smelter at Gladstone. The deal will invest A$2 billion over 10 years and ensure the smelter remains internationally competitive beyond its current power contract. The partnership supports the transition to long-term competitive power and manufacturing jobs in Central Queensland. Rio Tinto has also agreed to offtake 40% of Lightsource bp's Lower Wonga solar and battery hybrid project.