The ruler being run over more Aussie processes.
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Owner of ‘uneconomical’ Port Pirie and Hobart smelters calls for government help to stay afloat
The operator of smelters in South Australia and Tasmania is urging state and federal governments to provide "essential" financial support, after its facilities were described as "uncompetitive assets".www.abc.net.au
The owner of the Port Pirie and Hobart smelters has put its hand out for government assistance, casting doubt over the future of the major employers if taxpayer-funded help isn't forthcoming.
Nyrstar, which employs more than 1,300 people across its Tasmanian and South Australian operations, said it was talking to the federal and state governments about the "severity of the challenges it faces".
The company owns the Port Pirie lead smelter and Hobart zinc smelter.
The Port Pirie smelter processes and refines lead, silver, zinc fume, copper matte and by-products such as sulphuric acid, according to Nyrstar.
The Hobart smelter produces zinc and other by-products, including copper sulphate, cadmium, gypsum and sulphuric acid.
Earlier this week, it was revealed plans for a $750 million green hydrogen facility at the Port Pirie smelter had been shelved.
The plans, which were announced in 2021, "never proceeded beyond feasibility", an SA government spokesperson said.
Tomago aluminium smelter is making similar noises, they are saying unreliable supply and exorbitant prices of electricity mean that they will probably close within 5 years
Ideology is fine but our grandkids won't be thanking us when they are handed the miserable remains of a once great country