【SMM Aluminium Flash News】Energy Minister Chris Bowen intervenes to safeguard Tomago’s future

Published: Dec 5, 2025 10:03
Chris Bowen, the Federal Energy Minister of Australia, is reportedly pushing the Government agencies to secure a long-term power purchase agreement for Tomago Aluminium’s future. According to Chris Bowen, soaring electricity costs pose severe threat to the nation’s largest aluminium smelter, potentially leading it to shut its operations. He argues that Tomago’s survival ultimately lies in the grid with more renewable energy. Bowen confirmed government agencies are working to see if more renewable energy can be provided to Tomago. He reiterates Tomago’s opinion that there’s not too much but not enough renewable energy for the smelter. Tomago produces 40 per cent of Oceania’s aluminium, with a 590,000-tonne annual capacity. Its energy demand is enormous — 850 MW, or 12 per cent of New South Wales’ entire electricity load. More than 40 per cent of its operating costs are tied to power. A shutdown would instantly erase a third of regional supply, disrupting downstream industries and putting at risk thousands of direct and indirect jobs supported by one of the region’s largest employers.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn