Newspaper article The Observer (Gladstone, Australia)

Smelter Makes Cuts; Production Drops as BSL Cells Removed

Newspaper article The Observer (Gladstone, Australia)

Smelter Makes Cuts; Production Drops as BSL Cells Removed

Article excerpt

Byline: Tegan Annett tegan.annett@gladstoneobserver.com.au

Peak power

These are the highest electricity prices in Queensland so far this month, according to the Australian Electricity Market Operator:

February 2: 1183.1

February 6: 993.62

February 10: 793.05

Average price for 2017: 96.73

Average price for 2016: 59.99

Average price for 2015: 52.52

BOYNE Smelter Limited has taken another step to cut its production, and potentially jobs, as they continue their saga with the state's electricity generators.

At the weekend BSL halved its excess electricity usage from 140MWph to 70, after it removed 24 aluminium-producing cells.

This takes its cell-removal to 44, which will drop its aluminium production by 45,000 tonnes this year.

BSL has previously said if 40 cells were cut for the year, as initially announced, jobs would be lost.

"We are currently analysing what other operational options we have if a competitive price cannot be secured," general manager Joe Rea said. …

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