George Town mayor Greg Kieser is optimistic that should South32 TEMCO depart from Bell Bay, the precinct will remain strong.
"Bell Bay has got a definite future, you'd be hard pressed to find that it doesn't," Cr Kieser said.
"If you look at the macro-economic environment, we're moving towards a world where clean energy and carbon-neutral technologies are becoming very compelling and we happen to sit on a premium industrial facility with access to abundant clean energy to drive those kinds of industrial investments."
Cr Kieser said the multiple renewable energy businesses have expressed interest in the area including a methanol production plant.
"Methanol production is a technology based on clean energy which will make a lower carbon footprint fuel," he said.
"There's been a lot of talk about hydrogen production as well which again plays to our natural strengths: deep-water port, easy to export, lots of clean energy."
IN OTHER NEWS
The Bell Bay Advanced Manufacturing Zone is one of the possible locations for the aforementioned hydrogen production facility, which would employ more than 1000 people.
"Make no mistake, if TEMCO leaves it will hurt," Cr Kieser said.
"But it will hurt for a period of time and in the medium term I'm confident there'll be new tenants that will supplement the losses economically and the jobs we'd lose through that process."
Cr Kieser added that should TEMCO leave, it would not just impact the immediate George Town area.
"There's really an equal three-way split between the Bell Bay Advanced Manufacturing Zone," he said.
"A third of those jobs come from the George Town municipality, a third come from the West Tamar and a third come from Launceston, Bridport and other surrounding municipal areas around us. We all share in the impact."
In other news Cr Kieser said the council had yet to formally debate on whether they will declare a climate emergency, as discussed previously by other councils including most recently the City of Launceston.
"At this point in time we don't have position. On a personal level, I would very much like to see us have the debate on whether we as a community value supporting that initiative," he said.
"I personally think that having some form of community feedback before you do have a stance is vital."
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