Leader Advocates for Gas to Save Smelter Jobs
The fate of 1000 workers is uncertain as leaders discuss ways to save Australia's largest aluminium smelter.
A possible solution involves a premier using compulsory acquisition powers to increase gas supplies for industry, securing the future of the Tomago Aluminium facility.
- Federal and NSW government leaders are working to keep the smelter running.
- A bailout worth over $1 billion is reportedly being considered.
We need energy
The smelter's operators, majority-owned by Rio Tinto, cite high energy costs as the reason for considering closure when electricity contracts expire in 2028.
Author's summary: Gas may save Australian smelter jobs.