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…
Tasmanian businesses began receiving a 25 per cent increase to financial assistance on Monday as the Albanese Labor Government delivered on a key election commitment to boost the Tasmanian Freight Equalisation Scheme. The scheme recognises Tasmania’s reliance on shipping across the Bass Strait and supports Tasmanian shippers to move a range of non-bulk goods by…
The Tasmanian government launched its Export Essentials Program this week, which it says will “help trade uplift” by equipping the state’s businesses with the skills, strategies, and confidence to reach the mainland and interstate markets. The free, self-paced program offers two courses, a National Exporter Program and an International Exporter Program, with four and six…
Global diary company Fonterra has plans to upgrade the cheddaring tower, as its Wynyard, Tasmania cheese factory.
The Tasmanian government has opened applications for grants worth up to $20,000 – covering “a variety of productivity enhancing activities” – through its Advanced Manufacturing Productivity Grant program. In a statement on Thursday, Tasmania’s premier and trade minister Jeremy Rockliff said up to $450,000 had been allocated to the program through the recently-released Advanced Manufacturing…
Rio Tinto boosts stake in Australia’s second-largest smelter Rio Tinto has acquired Japanese conglomerate Mitsubishi Corporation’s interest in the Boyne Island aluminium smelter. It bought the 11.65 per cent interest in Boyne Smelters, which owns and operates the Gladstone, QLD based smelter, for an undisclosed sum. The acquisition follows Rio Tinto’s agreement to purchase shares in…
Tasmania’s shredded waste tyres no longer have to be shipped interstate and can now be processed on the island and turned into fuel following a major grant.
Aluminium fast ferry manufacturer Incat Tasmania has welcomed 15 new apprentices to its Hobart shipyard, including the highest intake of female apprentices in the company’s history. Incat Chairman Robert Clifford said it had never been a more exciting time to join the company. Clifford said: “We are currently building the largest battery electric zero emission…
Green hydrogen producer Countrywide Hydrogen has revealed its hydrogen retailing strategy and launched its vehicle refuelling brand H2Co Energy. Countrywide, a subsidiary of listed green energy developer ReNu Energy, has previously announced its engineering supplier, Wood, had selected contractors and suppliers for its Tasmanian green hydrogen and green energy projects, ahead of a final investment…