The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Australia offers A$240m aid for crippled Alcoa aluminium plant

Smelter in Victoria damaged by state-wide blackout which caused molten metal to solidify

Published Mon, Jan 9, 2017 · 09:50 PM
Share this article.

Melbourne

THE Australian government has offered "substantial" financial support to help repair Alcoa Corp's aluminium smelter in Victoria that was crippled last month by a state-wide blackout, government ministers said yesterday.

The outage, which caused molten aluminium to solidify, disrupted some production at the 300,000-tonnes-per-year Portland smelter and raised questions about the facility's long-term future.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here