The future of Victoria’s Portland aluminium smelter and the jobs of hundreds of its staff appear safer after Alcoa secured a power deal and further subsidies.
Energy accounts for between 30 and 40 per cent of an aluminium smelters cost base. Alumina chief executive Mike FerraroRead More

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Local shares fell on Friday as investors make last-minute adjustments to their portfolios ahead of the main index’s rebalancing, while unease over rising infections grows.