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refining

Tuesday, December 05

Lytton cops a setback from floods but refinery margins booming

Brisbane’s floods wiped $15 million from Ampol’s earnings for the March quarter, but its Lytton refinery has been revived from near closure to a money spinner.

Why Brisbane fuel refinery may turn its back on $1 billion government handout

Ampol will be getting up to $108 million a year in taxpayer subsidies to keep the Lytton fuel refinery open and up to 550 workers employed – for now.

Townsville could be the base of a major nickel refinery

Samsung joins LG in the queue for Townsville nickel

Korea’s Samsung SDI will start negotiating a binding offtake agreement for 6000 tonnes of contained nickel from the planned Pure Minerals refinery in Townsville.

Lytton refinery may close after Ampol reports losses topping $140m

Ampol is reviewing the operation of the Lytton refinery in Brisbane with the option of closing the facility a possibility.