Australia: Impact of uncertain power prices and availability on smelting and refining businesses

Last Modified: Mon Mar 27 2017 10:33:44 GMT+0530 (India Standard Time)
  • 45,000 tonnes
    Reduction in output planned by Rio Tinto from its 35-year-old Boyne Island aluminium smelter because of soaring power prices and fear of interruptions. This will also lead to job cuts.
  • $30 million
    Value of lost output BHP Billiton's Olympic Dam smelter in South Australia due to a blackout in October following a fierce storm.
  • $5.3 million
    Cost of repairs at Nyrstar's lead refinery in Port Pirie. A power outage resulted in slag solidifying in a blast furnace, rendering it inoperable and therefore needing the repairs.
  • 185,000 tonne
    a year aluminium smelter shutdown by Alcoa faced with high costs and tough competition from new, more efficient Chinese smelters.