The future of Bell Bay Aluminium, a cornerstone of the North-West Tasmanian economy, has been secured following the announcement of a $200 million support package from the Australian and Tasmanian governments. The funding, confirmed on Wednesday, September 30, 2026, is spread over five years and aims to protect hundreds of jobs and significant economic activity in the region.
This crucial financial injection comes alongside a new five-year electricity agreement between the smelter’s owner, Rio Tinto, and state-owned energy provider Hydro Tasmania. The previous power contract was a temporary