'Deteriorating': National extent of BSL cuts revealed

THE full extent of Boyne Smelter Limited's recent production cut on the national aluminium industry has been revealed in a government report.

The Resources Quarterly, released in March, details how the Rio Tinto-owned smelter's cuts would drive down aluminium exports in Australia this year.

"The outlook for Australia's aluminium exports in 2016 - 17 has deteriorated since our last report," it reads.

BOYNE SMELTER'S POWER CRISIS | JOBS TO GO

JAN. 19, 9.20AM | 'Sad reality' Smelter to cut jobs after power price hike

FEB. 2, 5.30PM | EXCLUSIVE: 'It's hurting': BSL boss desperate to save local jobs

FEB. 16, 5.30PM | Uncertain future for Boyne Smelter workers, as more cells removed

A combination of BSL's production cuts and a major power outage at South Australia's Portland smelter late last year are the two main reasons for the drop in exports.

"In 2015-16, Australia's aluminium production remained steady at 1.64 million tonnes, with no major additions or closures," it reads. "However, production for 2016-17 is forecast to fall by 4.9 per cent to 1.57 million tonnes."

WATCH | Boyne Smelter general manager Joe Rea explains

Australia's aluminium exports are expected to drop by 2.2 per cent to 1.41 million tonnes, with BSL being a major factor in the drop.

However, with the rise in aluminium prices, export values are estimated to rise by 1.2 per cent to $3.33 billion.

Earlier this year BSL announced it would cut production by 14% amid high electricity prices. The move meant more than 100 people lost their jobs.

TIMELINE | SEE HOW BOYNE SMELTER'S POWER CRISIS HAS UNFOLDED


Two week dance competition brings thousands to Gatton

Two week dance competition brings thousands to Gatton

Tickets are available for purchase at the door.

Drought relief could fund road upgrade

Drought relief could fund road upgrade

Somerset Mayor calls for road upgrade.

Free formal dresses still available to grade 12 students

Free formal dresses still available to grade 12 students

Hundreds of dresses and suits are available for free.

Local Partners