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Paddles B'mere said..
MM, the real deal happens in Gladstone where it gets refined into alumina at QAL and then turned into aluminium at BSL. And that's why they built a big @rse power station specifically to power these enterprises with the whole deal being underpinned by supply contracts/allocations from the big consumers in town. I'm not sure about BSL, but certainly QAL used to have their own power station on site to keep the process going if their grid supply was interrupted.
But you've hit on one of the big issues, and it is that we locate industry as near as possible to an energy source (in an area we sacrifice to basically become an industrial wasteland) and if we relocate the energy source then the industry is less efficient/secure and may need to be relocated to the new energy source.
For our current big industry demands, the current technology alternative energy probably just isn't viable here yet, but for the rest of us it makes a lot of sense. However Harrow and Bara have opened my eyes to the impact on the price of coal fired generation caused by less demand for coal fired generation.
What we are doing right now is digging coal and iron ore, only to be send to China for melting.Then we import back massive amount of steel back to Australia. The smarter way could be add a bit value to material you export.