Townsville's mayor wants the Queensland government to take action to secure the future of Clive Palmer's nickel refinery in the town.
It comes a day after a West Australian court heard the Queensland Nickel operation at Yabulu was having financial woes and could face problems if Mr Palmer does not win a legal bid to have one of his Chinese partners pay $48 million in coming days.
Townsville Mayor Jenny Hill said the Palaszczuk government needed to take a lead role in securing the refinery, which is directly responsible for hundreds of jobs.
"Politics cannot play a role in this," she said on Wednesday.
"Whatever can be done must be done to keep the doors of the refinery open."
The operation's financial position has been the subject of rumours for months.
In October, Mr Palmer denied seeking a $25 million loan after a treasury spokesman confirmed a government meeting with the company.
The mining magnate also assured the 800-strong direct workforce that their jobs were safe.
Ms Hill said management had previously told her the refinery was expected to recover from falling commodity prices to become profitable within six months.
She said she would fly to Brisbane to discuss the issue with Treasurer Curtis Pitt on Thursday.
"I urge the company to be as open as possible with government," she said.
"And for the government to look at all reasonable steps and the possibility of assistance."
Ms Hill said the refinery was the biggest user of the Townsville Port.