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RE: LeoThread 2025-11-07 19-07

in LeoFinance11 days ago

Part 5/8:

Threats to Manufacturing and Industrial Jobs

The energy crisis extends beyond households, threatening Australia's manufacturing sector. High electricity prices are already endangering critical industries such as nickel processing, copper smelting, and aluminium production. Reports indicate that five smelters in Tasmania may require government intervention to prevent closure, with similar issues emerging in New South Wales where the largest energy-consuming smelter faces serious difficulties. These troubles could lead to job losses and threaten the very backbone of Australia's industrial competitiveness.

Grid Stability and Economic Impact