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Australia

Thousands of jobs at risk as miner pleads for support

23 July 2025 17:03 | News

Thousands of work can be in danger, as a large mining company calls for urgent financial support in calling for a Senate investigation to fight metal manufacturers.

Glencore, a multinational mining company, said that the Copper İzabe and refinery in North Queensland could lose $ 2.2 billion in the next seven years and urgently needed government aid to continue working.

“Glencore absorbs losses, hoping that a suitable solution can be found in a note that leaked to the media on Wednesday and then opened to the public.

“However, we quickly reach the point where Glencore cannot continue to absorb these losses.”

Glencore was meeting with the government of Queensland, but the financial assistance offered is not enough, he says.

The company now wants to hear what the federal government can do to help, saying that a “applicable solution” is necessary in the coming weeks.

Imiz We’re running out of time, ”he said.

Glencore, if enough government support, the mountain Isa Smelter and Townsville refinery will start preparations to place care and care.

Mining Minister Dale Last, the state government, Glencore’a “responsible” proposal, he said. (Jono Searle/AAP Photos)

The Queensland government, the company, a “real and responsible offer” to the company, and Isa Mountain and Townsville communities on the global interests accused of priority.

Maden The Crisaflli government continues to negotiate in good faith, but it will not write an empty check for a multinational company that returned $ 2.2 billion to its shareholders only months ago, ”Mine Minister said.

Isa Mayor Peta Macrae said Glencore’s update could not come to a worse time for the town’s copper mining operation ended in a worse time for the town of approximately 20,000 people.

AAP said, 17,000 work throughout the corridor is larger than Jesus Mountain, greater than Townsville and greater than politics, Aap said.

“It’s about the survival of these families.”

Ms. Macrae said she would meet with Prime Minister Anthony Anthony Arnavutes next week and hoped that a “agreement” could be made to maintain Glencore’s izabe and refinery.

Iz We must put aside politics aside… We must prepare a plan that keeps people in our regions, because the regions are the place where reserve is created ”.

The coalition called for a Senate investigation into the Metals manufacturing industry, saying that thousands of jobs could be lost in Queensland if Glencore is not supported.

“This is, if we don’t support the metal production industry in Australia, thousands of direct and indirect jobs will be lost,” Andrew Wilcox said.

Glencore employs approximately 600 workers in Australia and refinery, and 17,000 staff in 25 other operations throughout Australia.

In 2023, the company announced that it would stop copper mining in Mount Isa after 60 years and affect 1200 workers.

The federal and state governments announced an extra $ 275 million to keep the Whyalla Steelworks open on Wednesday, and gave more time to find a new owner of the assigned operators.


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