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Australia news live: SA lead smelter to get $135m rescue package; First Nations group sues to block Olympic stadium | Australia news

BySoCal Chronicle

Aug 4, 2025


Nyrstar gets $135m bailout from federal, state governments

The metal producer Nyrstar will get a $135m bailout from a coalition of the federal government and the governments of South Australia and Tasmania, which will support the company’s Port Pirie facility in SA.

Nyrstar said in June its lead smelter in Port Pirie was losing tens of millions of dollars a month, saying the future of its zinc smelter in Hobart was linked to the success of the one in SA. It called on urgent government intervention, the ABC reported at the time.

The federal government will kick in $57.5m, South Australia $55m and Tasmania $22.5m, the SA premier, Peter Malinauskas, said in a news conference:

This $55 million contribution from the South Australian government is part of a $135 million package that’s all about setting up Port Pirie for a more prosperous future. We know there is a journey in front of us to be able to tackle the challenges we see, particularly coming out of China. But we should be upfront and honest about them.

A smelter owned by Nyrstar
The Nyrstar smelter in Port Pirie, SA. Photograph: David Mariuz/AAP
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More on MP Gareth Ward

More on convicted rapist MP Gareth Ward seeking an injunction to stop him being expelled from the New South Wales parliament, and which will see him remain, for now, the state member for Kiama.

The New South Wales supreme court confirmed on Tuesday morning that Ward had launched proceedings against Labor MP and leader of the house, Ron Hoenig.

The common law duty judge, Justice Deborah Sweeney, made an order that Hoenig be restrained from taking “any steps to expel or otherwise resolve to expel” up to and including Friday at 10am. This is when a one-hour hearing for the matter is currently set.

A five minute directions hearing is planned for tomorrow.





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