Latest News

29/05/14


Australian Investment Climate Poor: Rusal 


Rusal, the Russian aluminum giant, has claimed that business climate in Australia is not conducive anymorefor the mineral processing industry. 

“The industry in Australia is faced with development hurdles that pose significant obstacles for investment,'' said Rusal President Director forAustralia, John Hannagan, as quoted by The Australian, today.

The hurdles, among others,include the previous Labor government’s carbon tax and a renewable energy target initiatives, could harm Australia’s key advantage in minerals processing and competitive energy.

more

Call: +62 21 8497 0191