Queensland Alumina Limited (QAL) plans to invest $240 million in its Gladstone Alumina Refinery over five years as part of an Environmental Improvement Plan.
The Environmental Improvement Plan will focus on major capital upgrades and organisational culture change.
QAL general manager Mike Dunstan described the investment from refinery owners Rio Tinto and Rusal as good news for Gladstone.
“Of this investment we estimate that $100 million will come from the local Gladstone region. This will include the supply of equipment, parts, engineering support and contract labour,” he said.
“Our 5-Year Environmental Improvement Plan has been formed following consultation with QAL employees, the community and the Government to ensure we create real change in the way manage our environmental impacts.
“We will be upgrading many areas of the refinery to ensure our 52-year old business performs to modern day standards.
“To achieve this we realise we also need to change the way we manage our risks including empowering employees to identify and act on critical controls that prevent an environmental incident from occurring.”
Mr Dunstan said work under the plan began last year and QAL had already completed a number of the projects including installing an underground wall at its residue disposal area at Boyne Island.