"the strong Australian dollar and low aluminium prices" were the reasons given for previous jobs losses.
No mention of a carbon tax.
from the article
"Upwards of 450 jobs are to be axed in the Hunter Valley north of Sydney, with the planned closure of the Kurri Kurri aluminium smelter.
Earlier this year, Norsk Hydro, which owns the smelter, cut 150 jobs at the plant when it slashed production. It blamed the strong Australian dollar and low aluminium prices for the cuts.
At that time, the company said it would review operations at the plant, in a bid to achieve further cost savings."
Read more: http://www.smh.com.au/business/kurri-kurri-smelter-closure-to-trigger-450-job-losses-20120523-1z42a.html#ixzz1veOQmoTh
"the strong Australian dollar and low aluminium prices" were the...
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