Funding lifeline saves smelters, more than 1000 jobs

South Australian smelter thrown a lifeline

The Port Pirie smelter has again been thrown a lifeline to the tune of $105 million.

Nyrstar bailout rises to $240m, smelters losing $15m a month

One of the world’s largest metal trading houses has secured extra taxpayer funding to work out the long-term future of smelters in Port Pirie and Hobart.

Funding lifeline saves smelters, more than 1000 jobs

State and federal governments have announced a $105 million support package to secure the future of major smelters in Tasmania and South Australia.

Further $105m federal-state bailout announced for Nyrstar smelters

The federal, Tasmanian and South Australian governments have contributed to a new funding package for Nyrstar's Hobart and Port Pirie smelters, including money for feasibility studies into modernising and expanding their operations.

Governments contribute $105 million to critical mineral smelter

Image: BlackMediaHouse/stock.adobe.com The Federal, South Australian and Tasmanian governments will provide another $105 million to support feasibility work and ongoing operations at Nyrstar’s Port Pirie and Hobart smelters. The Federal Government, together with the South Australian and Tasmanian governments, has announced a further $105 million package to support Nyrstar’s Port Pirie and Hobart operations. The funding will help maintain opera…

Nyrstar Secures $74M Smelter Support Amid Legal Troubles

Located in Tasmania, Hobart is one of the world’s largest zinc smelters. (Photo: Nyrstar) The international producer of critical and strategic minerals and metals, Nyrstar, announced it will receive approximately $74 million (A$105 million) from the Australian, South Australian and Tasmanian Governments to advance its Australian metals modernization program in Hobart and Port Pirie. The news came just days after the company made headlines for be…