Snowy 2.0 too expensive for Tomago aluminium smelter
New analysis reveals Snowy 2.0's power costs would exceed 28c/kWh, making it unaffordable for Tomago smelter that needs rates below 7c/kWh to remain viable.
New analysis reveals Snowy 2.0's power costs would exceed 28c/kWh, making it unaffordable for Tomago smelter that needs rates below 7c/kWh to remain viable.
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Hunter Valley businesses are warning of catastrophic economic consequences if the Tomago Aluminium smelter closes, with thousands of jobs and billions in economic activity at stake due to energy policy uncertainty.
The potential closure of the Tomago aluminium smelter threatens thousands of jobs and could send shockwaves through Australia's manufacturing sector, with industry experts warning of catastrophic consequences.