Funding lifeline saves smelters, more than 1000 jobs

South Australian smelter thrown a lifeline

The Port Pirie smelter has again been thrown a lifeline to the tune of $105 million.

Nyrstar bailout rises to $240m, smelters losing $15m a month

One of the world’s largest metal trading houses has secured extra taxpayer funding to work out the long-term future of smelters in Port Pirie and Hobart.

Funding lifeline saves smelters, more than 1000 jobs

State and federal governments have announced a $105 million support package to secure the future of major smelters in Tasmania and South Australia.

Further $105m federal-state bailout announced for Nyrstar smelters

The federal, Tasmanian and South Australian governments have contributed to a new funding package for Nyrstar's Hobart and Port Pirie smelters, including money for feasibility studies into modernising and expanding their operations.

$105M lifeline for Nyrstar backs jobs and critical minerals processing

Australian governments have committed a further $105 million to support critical minerals processing and manufacturing capability at Nyrstar’s Hobart and Port Pirie smelters, backing continued operations while future investment options are assessed. The funding package, announced jointly by the Albanese, Rockliff and Malinauskas governments, will support the facilities through 2026 as Nyrstar completes pre-feasibility work and advances further s…