CANBERRA, ACT, Aug. 13 -- The Prime Minister of Australia issued the following media release:
More than 1,000 Hunter jobs are secure, after the Albanese and the Minns Labor Governments have jointly contributed $2.5 billion to secure the future of aluminium smelting in the region.
The joint investment will deliver a long-term renewable energy solution for the Tomago Aluminium smelter that supports commercially sustainable operations beyond 2028 and accelerates decarbonisation of more than 10 per cent of NSW's electricity grid, supporting and securing the future of one of the state's most important industrial assets.
Tomago Aluminium has agreed to invest at least $1.1 billion in the facility as part of the deal. This includes $100 million ...