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Loan of $20m to troubled smelter deemed high risk, govt went ahead anyway
Clancy Balen and Ashleigh Barraclough · ABC News (AU)
Published 21 Oct 2026, 5:34 am·1 h ago·1 min read
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The Tasmanian government was advised to approve a $20 million loan to the country's only manganese smelter last year despite knowing the risk of not getting all the money back was high, as inaction was deemed too risky.
Read the full story at ABC News (AU)
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