National News

National News is brought to you by a partnership between Crux and RNZ News 

Tiwai Point aluminium smelter to keep operating until end of 2024

Jan 14, 2021

The threatened Tiwai Point aluminium smelter will keep operating through to the end of December 2024, in a new deal just announced to the New Zealand stock exchange.

Meridian Energy says that global mining giant Rio Tinto, Tiwai's owner, has accepted a new contract.

Meridian Energy's chief executive Neal Barclay said it should provide more certainty to the people of Southland.

He said it is still planning for the eventual exit of the smelter but will now accelerate other opportunities.

More to come...

Advertise with Crux Advertise with Crux