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Tomago Aluminium: PM and NSW Premier announce $2.5b bailout for country’s largest smelter
['Bryce Luff']
7NEWS
The future of Australia’s largest aluminium smelter and more than 1000 jobs has been locked in under a major multibillion-dollar bailout announced by Prime Minister Anthony Albanese and NSW Premier Chris Minns.
The federal government and NSW state government have jointly contributed $2.5 billion to secure the future of the Tomago Aluminium smelter.
That non-stop production requires significant power, and Tomago Aluminium chews through 10 per cent of all energy used in NSW.
Anthony Albanese has announced a new rescue deal for Australia’s largest aluminium smelter.
“Tomago is Australia’s largest and youngest smelter and is crucial to Australia’s industrial future,” Ayres said.