http://www.dailytelegraph.com.au/news/carbon-tax-to-become-law-next-week/story-e6freuy9-1226183591189
finally a definate date on the carbon tax, this will shift LOY YANG POWER business as usual approach as 50% of its energy is used by ALCOA ,plus new additional costs of $23 per ton , that cannot be passed on to Alcoa under new contract for base load power for the next 25 years.
re financing over 500 million dollars in loans with a carbon tax overhead , what a headache for GEAC, Carbon tax package starting to represent a viable solution.
stage 2 and 3 of ARUP funding from LYP / ALCOA to secure local rights to coldry ? PLUS LOCAL COLDRY PLANT from government funding... Odds are looking good.
http://www.alcoa.com/australia/en/news/releases/20100301_VO_new_PC.asp
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