Whyalla Steelworks backed with $275M to support manufacturing transition - Australian Manufacturing
Summary by Australian Manufacturing
3 Articles
3 Articles
No light for Australia’s poor productivity record
The Whyalla Steelworks was established in 1941 and employs 1,100 people. The Mount Isa copper smelter was established in 1953 and employs 550 people, and the Townsville refinery was established in 1959 and employs 500 people. Without enormous government subsidisation, all three businesses look like they will follow the Exxon Mobile refinery, Oceana Glass and plastics makers, Qenos and Trident, into oblivion. There will be unintended negative con…
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