Tomago Aluminium says it is contemplating closure after failing to identify a path forward
- Tomago Aluminium is contemplating ceasing operations after failing to identify a pathway for sustainable operations beyond 2028 due to market proposals showing unviable energy prices.
- The company reported that all market proposals received show that energy prices are not viable for operations.
- Tomago Aluminium stated that it must contemplate shutting down operations at the end of its current electricity supply contract.
- A consultation process is ongoing until November 21, allowing employees and union representatives to provide feedback before a final decision is made.
19 Articles
19 Articles
Over 1000 jobs in doubt as Australia's biggest smelter faces closure
Over 1000 staff at Australia's biggest aluminium smelter have been warned that the plant's future is in doubt as government negotiations over untenable energy costs stall.Rio Tinto-owned Tomago Aluminium said it has reached a "difficult point" and has started a consultation process with employees for when its electricity contract with AGL expires in 2028.The miner said it has been undertaking a "comprehensive market-sounding process" to reach …
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