More than 1000 workers at two major smelters have been given a lifeline after a metals producer received a $105 million government boost.
The joint federal and state funding will keep Nyrstar's Hobart and Port Pirie, South Australia, plants running through 2026 while the international company weighs up major investments in critical minerals production.
The agreement follows the expiry of a $135 million rescue package in May and weeks of tense talks over how much taxpayer money would be put on the table to secure the sites.
