ALCOA is offering workers at its Geelong plant massive pay packets to help set up a new cut-price smelter in Saudi Arabia.
It comes as the multinational is reviewing the viability of its Point Henry plant, and the jobs of the 600 workers there, with a final decision on whether it will close due in June.
Alcoa has been in talks with Premier Ted Baillieu and Federal Climate Change Minister Greg Combet about the plant.
The metals giant is offering up to $163,200 a year tax-free pay, $27,500 a year travel expenses plus free accommodation to help set up the Ras al Khair smelter in Saudi Arabia.
Workers would take home more than $3100 a week, before the travel perks, compared with $1400 a week at Geelong after tax.
Alcoa has promised the new Saudi Arabian smelter will be the world’s cheapest and most efficient producer of aluminium.



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