Australia’s largest building materials manufacturers are considering moving production overseas if electricity shortages and pricing volatilities continue. The leaders of Brickworks, Australia’s largest brickmaker, and Boral, a manufacturer of construction materials, gave a blunt assessment of the situation. According to Reuters, Brickworks has gas contracts with energy company Santos costing around $10 per gigajoule (US$6.95),…
Australian Manufacturers Consider Moving to US If Australian Energy Crisis Not Resolved
Australian Manufacturers Consider Moving to US If Energy Crisis Not Resolved
Australia’s largest building materials manufacturers are considering moving production overseas if electricity shortages and pricing volatilities continue. The leaders of Brickworks, Australia’s largest brickmaker, and Boral, a manufacturer of construction materials, gave a blunt assessment of the situation. According to Reuters, Brickworks has gas contracts with energy company Santos costing around $10 per gigajoule (US$6.95),…
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