The Tasmanian Government has locked in the immediate future of Bell Bay Aluminium (BBA), confirming a one-year extension of its power agreement with Hydro Tasmania.
This confirmed arrangement, which directly secures the jobs of over 550 workers, acts as a crucial stepping stone while the State Government negotiates a long-term, sustainable arrangement with Canberra.
Tasmanian Minister for Energy and Renewables Nick Duigan said that the extension provides the necessary time for the government to clarify BBA’s eligibility for the Green Aluminium Production Credit Scheme.
“Smelters across the nation are facing headwinds, and this national challenge requires a national response,” Duigan said, adding that the Federal Government is already engaged on the issue, which affects smelters in other parts of the country.
Duigan emphasised the importance of the Bell Bay smelter, noting it was “Australia’s only aluminium smelter powered by renewable energy”, making it a crucial asset to the sector.
Bell Bay Aluminium is located at Bell Bay, near George Town, in northern Tasmania. Rio Tinto Aluminium purchased the smelter in 1960.
“We look forward to working with the Federal Government on the future of the Bell Bay smelter, for the workers, their families and the broader Tasmanian economy,” Duigan said.
“The smelter is a cornerstone of Tasmania’s economy, directly employing over 550 people and supporting hundreds more through a supply chain of almost 300 local businesses.
“The smelter injects $700 million of economic activity into Tasmania annually, and we are committed to its future.”
