Overview

• Industry Minister Tim Ayres is due in Mount Isa on Wednesday to announce the package, with details and cost yet to be released.
• The rescue is intended to keep the smelter operating and secure at least 600 regional jobs, according to The Age.
• Glencore had warned it could place the Mount Isa smelter and Townsville refinery into care and maintenance without government support.
• The company shut its underground Mount Isa copper mine in July, cutting almost 500 direct jobs.
• Treasurer Jim Chalmers called the smelter a nationally significant asset and said progress had been made in talks with Queensland and Glencore.