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The Forum > Article Comments > Value adding in Australia - the beginning of the end? > Comments

Value adding in Australia - the beginning of the end? : Comments

By Viv Forbes, published 24/5/2011

Xstrata's abandonment of smelting in Mt Isa shows where Australia is heading under a carbon tax.

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Sorry to complicate the discussion, but no one seems to have added the
rising cost of bunker fuel into the process.
There are already thousands of ships tired up around the world.
25 Knot design ships are sailing at 14 knots to save fuel.

The cost of shipping ore around the world will become unfundable.
Fuel cost has already caused the return of steel and furniture
manufacturing to The US due to transPacific container shipping costs.

If you cannot smelt copper here and you cannot ship it overseas then
you just import it. Either that or use aluminium wire. Hmmm.
Posted by Bazz, Wednesday, 1 June 2011 9:01:37 AM
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