Carbon tax mindless blindness

Rio Tinto's Gove alumina refinery won't be the last energy intensive manufacturer to close over the coming years, and the carbon tax is not to blame.

Rio Tinto has announced that it intends to close the Gove Alumina Refinery in the Northern Territory’s remote Arnhem Land. It will now just export the raw bauxite mined at the site. According to Rio, the decision to close the refinery was a function of a high exchange rate and low global prices for alumina.

Others, however, seem mindlessly determined to link it to the carbon tax.  

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles