Deal to secure Alcoa's Portland smelter's future in sight
Lucille KeenReporter
Updated
A $200 million deal to secure the future of Alcoa's Portland smelter could be signed within a week after a marathon 12-hour meeting led to an agreement in principle between the parties involved.
The future of the aluminium smelter, in Victoria's west, has been uncertain following the end of a generous power subsidy contract with the Victorian government and stalled negotiations with power supplier AGL.
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