Alcoa smelter’s future in the balance

Original article by Matt Johnston
Herald Sun – Page: 5 : 30-Oct-20

The Australia Institute has released a report which warns that the closure of Alcoa’s Portland aluminium smelter would reduce GDP by $800m and result in the loss of 3,600 jobs. The report was commissioned by Ben Davis of the Australian Workers’ Union, who says the economic impact of the smelter’s closure would be "unprecedented". He adds that the smelter helps to stabilise the electricity grid during periods of peak usage during summer. Both the Victorian and federal government are holding talks with Alcoa about the plant’s future.

CORPORATES
ALCOA INCORPORATED, ALCOA OF AUSTRALIA LIMITED, THE AUSTRALIA INSTITUTE LIMITED, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES

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