State Government secures guaranteed Port Pirie smelter loan repayment deal, as Treasurer approves change of ownership

The Marshall Liberal Government has announced it has successfully reached a commercial financing agreement with Trafigura Group Pte Ltd, the new owner of the Port Pirie lead smelter, which will secure compulsory repayment of the remaining monies owned under the $291.125 million taxpayer-guaranteed loan.  As part of the deal, Nyrstar Port Pirie paid $29.125 million in May this…