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Cost2026-10-26· Energy Magazine

360MWh heat battery to electrify one of Australia’s thirstiest industries

Image: energymagazine.com.au

Rio Tinto is planning a 360MWh heat battery at its Yarwun alumina refinery in Gladstone, Queensland. The article provides no detail on technology, timeline, cost, or how the battery would be charged.

Where this fits

Heat batteries are a firming tool: they store energy during periods of low grid demand or high renewable supply, then release it when needed. This is a concrete acknowledgment that alumina refining, an energy-intensive industrial process, cannot run reliably on weather-dependent power alone. The project sits at the intersection of two Energy Realism pressures. First, it is a cost signal. A 360MWh heat battery large enough to smooth a major refinery's load is a material capital expense that would not exist if firm baseload power were available. Second, it flags the materials and sovereignty problem: heat-battery systems depend on advanced components and chemistry with supply chains concentrated in China and allied economies. Australia is adding complexity and foreign dependence to solve a problem that firm domestic power could address directly.

What it means

This is infrastructure built to work around the absence of reliable, dispatchable generation. The refinery will now carry the full capex and operational cost of storing and retrieving heat, and Australia will have added another link in a supply chain it does not control. A nuclear-powered refinery, or one backed by reliable gas peaking, would need no such system. The honest reading is not that heat batteries are bad, but that they are expensive insurance against grid unreliability, and the cost of that insurance is part of the true bill for a renewables-only transition.

By the numbers

Taking the article's figure of 360MWh, at indicative Australian build costs:
What it costs to buildA$216m–A$360m

at ~A$600–1000/kWh installed. Source: BNEF, CSIRO GenCost 2024-25. Indicative.

What it actually stores~0 hrs

of average national (NEM) demand if fully dischargeable, then it needs recharging. Storage shifts power, it does not generate it.

Critical minerals it consumes~713 t

lithium, graphite, nickel, copper and cobalt (~36 t lithium content). Replaced roughly every 12 years. Source: IEA, Argonne GREET. Indicative.

Money into China's economyA$162m–A$270m

~75% of cells are China-made. Source: IEA cell-manufacturing share.

Figures are indicative conversions from the article's stated quantity using published cost, material and capacity factors (CSIRO GenCost, BNEF, IEA, IAEA). Ranges, not precise forecasts.

Go deeper on the numbers

The bigger picture

Energy security is national security. This connects to the wider case at Unprepared: Australia's dependence on a strategic rival, and how ready it is for the world that is coming.

Reported by Energy Magazine. Read the original report ↗

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The numbers, as they move

A short, sourced brief when the figures shift: a transmission blow-out, a supply-chain move, a milestone.

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