NT chief minister Terry Mills announced yesterday that the troubled Gove refinery, owned by Pacific Aluminium, will stay open, saving 1,500 local jobs.
The loss-making Gove aluminium refinery and bauxite mine in Nhulunbury, Arnhem Land, will not be getting a gas supply.
The loss-making Gove peninsula aluminium refinery and bauxite mine in Nhulunbuy, in the Northern Territory’s Arnhem Land, will have its fate decided tomorrow.
Queensland is poised to become a major export hub for liquefied natural gas (LNG). Given the West Australian experience, where LNG is already exported to Asia, this will cause domestic gas prices to rise. According to the DomGas Alliance, a group of Western Australian energy users, “gas prices have risen sharply from $2.50 per gigajoule in Western Australia to $8/GJ”.
The results of a series of surveys by the Australian Industry Group have found manufacturers, especially those in food and beverage, reporting a jump in energy costs.
A surge in US gas projects gaining export approval is expected to make an impact on Australian gas producers and users.
BlueScope Steel is believed to be considering a direct reduced iron plant at its Ohio site.
The operations of Rio Tinto’s troubled Gove aluminium refinery in Arnhem Land, Northern Territory, are at risk of being suspended.
Boral has announced that production of clinkers will be suspended at its Waurn Ponds plant, which will affect 90 jobs.
Craig Around, the Australia and New Zealand managing director of Dow Chemical, has hit back at suggestions that Australian manufacturers are looking for gas subsidies.
The Australasian Convenience and Petrol Marketers Association has warned of a possible diesel shortage leading up to Christmas.
‘Australian manufacturing industry was suffering,’ David Ferguson general manager of Victoria’s largest privately owned steel distributor Surdex Steel said.