A government-backed deal struck between energy retailers and an aluminium smelter in Victoria will allow the plant to keep running until at least 2026.
- It is understood the Victorian government has matched the federal government’s $76.3m contribution
- The financial backing has helped Portland Aluminium strike an energy deal with Alinta, AGL and Origin Energy
- The smelter uses roughly 10 per cent of the state’s energy supply
Portland Aluminium, which American company Alcoa has a majority…