Overview
- Glencore projects US$2.2 billion in losses at its North Queensland copper facilities without new government support and has begun mothballing preparations.
- The Queensland government says it has made a genuine and responsible offer and is seeking federal participation to secure operations.
- Queensland Treasurer David Janetzki warned that allowing the smelter’s closure without a deal would be a national disgrace.
- The federal Coalition has called for a Senate inquiry into the metals manufacturing sector to examine risks to thousands of regional jobs.
- Mount Isa Mayor Peta MacRae will meet Prime Minister Anthony Albanese next week to push for a binding solution for local workers.