Tomago Aluminum Smelter Rescued by Government

Australias Tomago Aluminum Smelter Secures Future: Government Rescue PlanThe Australian government has announced a rescue plan to keep the Tomago Aluminum Smelter open, averting potential job losses and ensuring the facilitys future beyond its current power contract expiration. The plan involves securing a long-term, fixed-price energy supply and providing concessional finance for renewable energy generation and storage development. This initiative is part of a broader strategy to support key industries and has been welcomed by the Australian Workers’ Union.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.