
Tomago at Risk as Power Prices Bite — China Beckons
Tomago Aluminium — one of the largest manufacturing plants in Australia — is facing an uncertain future as electricity prices skyrocket under Labor’s renewable energy policy. The Hunter Valley smelter, which operates 24/7 and injects more than $800 million into the local economy each year, has rejected a proposed power supply contract it says is simply too expensive. Industry experts warn this could force the plant to close, sending high-paying manufacturing jobs overseas to countries like China. If that happens, Australia won’t just lose a major employer. We’ll lose a key part of our energy security. Tomago plays a crucial role in...
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