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News Wire / economy

Zinc Smelter Bailout Negotiations Halt In Australia

developing ABC NewsRadio AU Hobart 11d Impact 5
Negotiations regarding a bailout for the 9 Star zinc smelter have halted, according to Federal independent MP Andrew Wilke. A $135 million assistance package was previously announced for smelters located in Hobart and Port Pirie.

Topics

zinc bailout smelter

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Sources · 7 independent

ABC NewsRadio AU

“Federal independent MP Andrew Wilke says he's on sure why negotiations over a bailout for Hobart's 9 star zinc smelter have halted.”

ABC NewsRadio AU

“It was jointly paid by the federal and state governments. says that funding package was the first phase of the bailout. It is a mystery why the negotiations over what I'll call phase two funding has either broken down”

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