https://news.ycombinator.com/item?id=41220499
If Australia refined _all_ of the 40,000kt of Bauxite we export each year into "frozen electricity" Aluminium, that'd only require about 600GWh, or about 4% of the 1.7GW 24x7, or 15,000GWh per year this would send to Singapore.
Large datacenter are in the 100MW sort of range, so only single digit GWh per year.
Australia generates a few hundred TWh per year. 272 TWh in 2021/22 - or 272,000GWh, around 20 times what this project will export to Singapore.
Data centers and Aluminium and Iron smelters are big electricity consumers. But they barely even move the needle compared to cities with millions of households.
Natural resource sales send USD to Australia. AUD is now worth more because it is backed by more USD. Manufactured exports are also traded in USD, so Australian exports become much more expensive because workers and local materials are paid for in AUD.
[1] https://en.wikipedia.org/wiki/Aluminium_oxide#Production
[2] https://www.mining.com/web/aluminum-price-hits-13-year-high-...
Turns out when you do the math right, Aluminium _is_ frozen electricity.
It might or might not be a good idea. But you need to then compare those massive investments to the relatively modest investment of the power cable to bring the electricity to a part of that world that already has all the other infrastructure needed, and also already has lots of water.