Libs ‘backing Peel and industry’ with $8.6m Alcoa investment

Industry, Energy and Emissions Reduction minister Angus Taylor has labelled Labor’s industry policy a “threat to jobs and economic security” ahead of a significant funding announcement for emissions reduction technology in Western Australia on Tuesday.

Mr Taylor and Canning MP Andrew Hastie will attend Alcoa’s Pinjarra alumina refinery on day two of the campaign trail to announce the Federal Government’s $8.6 million contribution to the miner’s new $19.7 million low emissions alumina refining pilot.

The funding will be funnelled through the government’s Australian Renewable Energy Agency to support the testing of electric calcination in the alumina refining process.

Calcination is the final stage of the refining process and traditionally uses fossil fuels to heat alumina hydrate crystals.

As the world’s largest alumina exporter, Australia produces about 15 million tonnes of carbon dioxide equivalent each year — 3 per cent of the country’s greenhouse emissions.

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