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  • 7 hours ago
The federal government has confirmed the bell bay aluminium smelter will not be eligible for a two billion dollar green aluminium production scheme despite last year saying it would be.

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00:02The federal government wants a future made in Australia, just maybe not Tasmania.
00:08This is a ridiculous situation.
00:11The Albanese government announced a $2 billion green aluminium production credit scheme last year.
00:17A lifeline for the 600 workers at Bell Bay Aluminium, already powered by mostly renewable energy.
00:24Will it be eligible to receive your promised aluminium production credits?
00:28The short answer is yes.
00:31A year and a half later...
00:33Will Rio Tinto's operations at Bell Bay be eligible for that scheme?
00:37Not, that's the way the scheme is at the moment.
00:40The BAS MP also accusing Hydro Tasmania of ignoring her calls as she presses them to reach a power price
00:47agreement with the smelter.
00:49I've been reaching out to them consistently over the past months and I've heard nothing back.
00:54Hydro Tasmania says it's offered numerous briefings to Ms Teasdale and she didn't respond.
01:01It's working on a deal it says will bring value for both sides.
01:05The minister says major industrials already pay a quarter of the price households do.
01:10And importantly, about half the price of the aluminium smelters on the mainland.
01:16So the irony of having the greenest smelters in the world close as a result of Australia's policy to increase
01:22renewables seems to be very contrary to the intent.
01:27If the smelter does close it'll be the second this year following the loss of 200 jobs at Liberty Bell
01:33Bay.
01:34New documents show the state government was warned in June last year that that facility was in severe financial difficulties
01:42before giving it a $20 million loan.
01:45Why did they think it was reasonable to put taxpayers' funds at risk?
01:50That's why we provided a loan for a hard tradable commodity in the manganese ore that could be then sold
01:57on the open market.
01:59And that's why we have high ranking security.
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