Salient. Official Newspaper of the Victoria University Students' Association. Vol 44 No. 13. June 15 1981
The Bits we Get
The Bits we Get
The government claims that the smelter will earn $120 million in net foreign exchange. In the meantime, an independent analysis by Mr Murray Ellis, a Ministry of Works and Development scientist, who used the aluminium price estimate of the smelter prospects, has shown the smelter to be uneconomic (as have other eminent scientists and economists). Mr Ellis has since been ordered by his Minister to keep silent on the issue.