A 50-day upgrade program begins this week at the Port Pirie smelter run by Nyrstar – which was recently awarded $135 million in federal and state funding to save its two Australian sites – with $80 million to be invested in shoring up the long-term competitiveness of the multi-metals processing facility. According to a statement…
The federal, South Australian and Tasmanian governments have committed $57.5 million, $55 million and $22.5 million respectively to support the modernisation of Nyrstar’s Australian refining facilities and move them towards critical minerals production. According to a joint statement from industry minister Tim Ayres and the two states’ premiers on Tuesday, combined government support of $135…
The Australian Workers Union has backed calls for a strategy to manage the billions of dollars being sought to prop up fiscally troubled metal smelters, as The Australian Financial Review reports. National secretary Paul Farrow said the AWU would welcome a smelting strategy under Labor’s Future Made in Australia policy, with equity or long-term loans…
Metal processor Nyrstar Australia urgently needs to secure a government rescue package to ensure a future for its loss-making smelters in South Australia and Tasmania, as The Australian Financial Review reports. Chief executive Matt Howell said the company’s Swiss owner was weighing whether to close the plants within weeks. Howell, who took over as chief…
The nation’s hopes of becoming a major exporter of critical minerals are suffering due to risks to onshore lead and zinc refining, according to research commissioned by Nyrstar, which processes these and other metals in Australia. According to a statement from Nyrstar Australia on Thursday, the new research from economics firm Mandala in The Economic…
A $750 million green hydrogen facility proposed for Port Pirie’s smelter has been cancelled, according to the South Australian state government. The project, which was announced in 2021 by the former Liberal government, reportedly “never proceeded beyond feasibility” and “has not progressed for some years”, according to a South Australian government spokesperson. The government spokesperson…
Not content with Whyalla’s emergence as a green steel production hub, a second South Australian city – Port Pirie – has joined the race to become a green metals hub based on the state’s huge reserves of magnetite ore. While haematite from the Pilbara has been the source of most of Australia’s iron ore exports,…
Trafigura-owned Nyrstar Australia – which operates smelters at Port Pirie in South Australia and Hobart, Tasmania – released its Economic Value Report Summary for 2022 on Friday, calculating its total value to the Australian economy at $1.7 billion. The metals processor counted support for 6,400 full-time equivalent jobs and $838 million in direct spending in…
ANCA Motion announces new General Manager Motion control systems specialist ANCA Motion has announced the appointment of Matthew Mannix as the new General Manager. Mannix was described in a statement on Tuesday as having extensive experience in engineering management and a deep understanding of industry trends, and having a crucial role in driving innovation and…