Increase in zinc production and jobs with $300 million refinery expansion

Updated December 07, 2018 18:07:16

Photo: The zinc refinery expansion is estimated to create 820 direct and indirect jobs for north Queensland. (Supplied: Sun Metals Corporation) Related Story: Clive Palmer’s assets frozen by Supreme Court over Queensland Nickel collapse

Zinc production is set to increase in Australia with a multi-million-dollar investment to expand a north Queensland refinery.

Key points: Will create 350 construction jobs Expansion will create 100 ongoing jobs Estimated to create 820 direct and indirect jobs for north Queensland

Korea Zinc Company will spend $300 million on its Australian subsidiary, Sun Metals Corporation, which owns a zinc refinery just outside of Townsville.

The expansion is expected to increase the refinery’s zinc production from around 225,000 tonnes per year to 270,000.

Sun Metals said work would begin immediately and was expected to be complete by the first half of 2021.

“As an organisation we’ve been working on this very hard for the last 18 months,” Sun Metals’ executive director Kathy Danaher said.