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Australia aluminum sector in fight for survival

Mining - Australia’s aluminum smelters are being priced out of the global market due to high energy costs, with closures looming unless they can find a pathway to cheaper power, according to the head of an international producer body.

The warning comes as smelters across the globe are under pressure from the coronavirus-induced slump in demand, which has seen aluminum become one of the worst-performing base metals in London. Australia produced over 1.5 million tons of aluminum in the year to June 2020, according to government estimates, ranking sixth in global terms.

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