Exxon Mobil is set to shut its Melbourne fuel refinery at a likely cost of 350 jobs.
The move, which is tipped to be announced on Wednesday morning, will leave Australia with just two refineries.
ExxonMobil’s Altona refinery in Victoria looks slated for closure with the loss of up to 350 jobs.Credit:Luis Ascui
The Australian Financial Review broke the news late on Tuesday and an industry source, who declined to be named because they were not authorised to discuss the news in public, confirmed the refinery was set to close.
Workers were due to be formally told at a 9am meeting on site on Wednesday morning, the source said.
