Business
Portland Aluminium smelter thrown $150m government lifeline to secure its future – ABC News
The agreement means the south-west Victorian plant, which consumes roughly 10 per cent of Victoria’s energy, will be able to keep operating until 2026.
A government-backed deal struck between energy retailers and an aluminium smelter in Victoria will allow the plant to keep running until at least 2026.
Key points:
- It is understood the Victorian government has matched the federal government’s $76.3m contribution
- The financial backing has helped Portland Aluminium strike an energy deal with Alinta, AGL and Origin Energy
- The smelter uses roughly 10 per cent of the state’s energy supply
Portland Aluminium, which American company Alcoa has a majority…
Continue Reading
-
Noosa News22 hours agoGirl on scooter dies in Laidley, motorbike rider killed in Gatton
-
Noosa News18 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General22 hours agoBrisbane coach Michael Maguire backs Reece Walsh despite error handing Broncos defeat
-
Noosa News23 hours agoGirl killed in horror e-scooter crash in Laidley, Queensland