Global Trade Alert
Global Trade Alert

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

Announcement

08 Oct 2025

In October 2025, the Australian and Queensland governments announced an AUD 600 million investment package to support Glencore’s copper smelter in Mount Isa and refinery in Townsville.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Oct 2025

Revocation date:

No revocation date

Last action: 21 Oct 2025
State aid, unspecified In force
On 8 October 2025, the Queensland 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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Last action: 17 Oct 2025
State aid, unspecified In force
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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