Another Taxpayer Funded Bailout

[frugal.rock]

Mining giant gets $600m worth of taxpayer funds to keep refinery open

The last Australian copper smelter processing third-party product will stay open after its owner accepted a support package.

www.abc.net.au

 

[Craton]

As already posted in the Glencore threat to leave Mt Isa thread but yeah, not happy that this foreign owned company is getting my tax dollars.
How much profit is this multi-national making?

 

[divs4ever]

As already posted in the Glencore threat to leave Mt Isa thread but yeah, not happy that this foreign owned company is getting my tax dollars.
How much profit is this multi-national making?

enough to seriously consider buying RIO ( again )

 

[frugal.rock]

As already posted in the Glencore threat to leave Mt Isa thread but yeah, not happy that this foreign owned company is getting my tax dollars.
How much profit is this multi-national making?

Wasn't sure if there was another pertinent thread.
Figured we needed a collective thread anyway, for taxpayer funded bailouts historical purposes, keep the bastards honest and all that.

 

[divs4ever]

keep the bastards honest and all that.

Cheryl Carenot ( my local member at the time ) killed that

there are a few glimpses of honesty but mostly just political expediency

 

[So_Cynical]

Not even a Labor seat, Katter right. They should let it go.