Glencore’s Mount Isa smelter gets long-awaited lifeline

PROCESSING

Taxpayers to fork out $600 million over the next three years

The funding will be provided in $200 million instalments over the next three years.

The funding will be provided in $200 million instalments over the next three years. | Credits: Shutterstock

After months of negotiations, Glencore has signed a deal with the Queensland and federal governments for a $600 million support package to prop up its floundering copper smelter in Mount Isa and refinery…

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