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Australia: AUD 600 million to support Glencore's copper smelter in Mount Isa and the refinery in Townsville

Description

On 8 October 2025, the Australian government announced the co-financing of an investment package of up to AUD 600 million (USD 385.5 million) over three years to support Glencore’s Mount Isa Copper Sm...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Oct 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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