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Mining giant Glencore to receive $600 million taxpayer bailout

2025-10-08 826 Dailymotion

Taxpayers will fund a $600 million rescue package for Swiss mining giant Glencore to keep copper processing in regional Queensland until 2028. The federal and state government bailout will secure at least 600 smelter and refinery jobs over the next three years, but some have labelled the move as a band aid fix.

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