Hobart Zinc Works’ $400 Million Upgrade Moves Closer to Construction
The $400 million upgrade of the Hobart zinc works has taken a significant step toward construction with the finalization of grant deeds involving the federal and state governments.
The project entails the construction of a new electrolysis plant at the site, designed to enhance mineral recovery capabilities.
In a memo addressed to employees, Todd Milne, the General Manager of Nyrstar Hobart, expressed his gratitude to all those involved in the project over the past three years. He emphasized that the broad support for this major initiative reflects confidence in the future of the Hobart site. Additionally, it underscores the site's contribution to job creation, economic growth in Tasmania, and the growing recognition of its sustainability credentials, particularly in the context of zinc's crucial role in the global transition to a low-carbon economy.
Construction is slated to commence in the coming months and is expected to span approximately 28 months.
The federal government has pledged $50 million towards the project, with an additional $20 million provided by the state government. The necessary planning approvals for the new facility have been secured from the Glenorchy City Council.
The Nyrstar Hobart smelter ranks among the world's largest zinc smelters in terms of production volume. The project is anticipated to employ around 200 individuals at its construction peak.
