$70,000 per minute power in NSW, page-50

  1. acorn
    37,552 Posts.
    lightbulb Created with Sketch. 4
    clock Created with Sketch.
    21/08/20
    11:19
    Post #: 46714057

    While power prices are a contributor, there's a whole lot more to this story I reckon.

    " A 25 per cent slump in aluminium prices over the last 18 months, increasing power costs, and over-capacity had affected the smelter, which in February posted a $46 million loss. "

    https://reneweconomy.com.au/energy-prices-plunge-as-n-z-aluminium-smelter-to-close-is-australia-next-95667/

    Maybe they should think about investing in the future ?

    https://www.greentechmedia.com/articles/read/german-firm-turns-aluminum-smelter-into-huge-battery

    https://www.copyright link/companies/energy/big-smelters-act-as-a-battery-for-the-energy-grid-20191018-p531xd
    Likes Created with Sketch. 1  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
right-arrow Created with Sketch.
NEWS $140,000 in grant funding has been secured for drilling at Golden Ridge, with preparations underway for two exciting prospects
right-arrow Created with Sketch.
NEWS New drilling at the Rogozna Project delivers a standout intercept, highlighting significant resource expansion potential
right-arrow Created with Sketch.
NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
right-arrow Created with Sketch.
RDN Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS High-grade manganese found at the W2 prospect in Wandanya
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.